The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (1001)	9/24/2003 2:20:07 PM
From: Jim Willie CB	Read Replies (2) of 110194

JYen continues upward, surpassing 90.0 level in US$ terms yday was a holiday in Japan, celebrating autumnal equinox today some mild followthru much short covering in progress but more importantly, we have some mammoth unwinding of yen-based carry trades I see a beeline to 92-93, where resistance lies then some 1-2 months of absorption consolidation followed by a surprising and damaging move to parity 100 / jim

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