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Politics : Welcome to Slider's Dugout

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From: RonMerks7/25/2007 9:33:12 AM
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Slider is that the Yen carry I hear unwinding?

Your chart is becoming larger than life- it worked again.
Whodathunkit is right. There is prescient and then there is prescient. It's worked like a gem.

We are now at a critical junction both 'timewise' and 'tapewise'. You talked about the potential of a Yen carry unwind around the time of the Japanese elections. Now Iran wants Japan to pay for crude in Yen- not dollars. Is the fracturing we are seeing in the credit markets a slow and orderly unwind underway, or do you think we will get a tsunami unwind?

Come out and play. You've got to be tired of lounging on the beach by now. Curious minds want to know what you see here- and you can also hit the permabulls upside the head once again for the 13th time with that now nostradamus-like chart of yours. How many trades has it now produced?

Ron

Ps- fwiw, I'm just moving up my stops real tight here in case we do see the Yen carry unwind. Caught the bottom- at the bottom- as oppossed to after the breakout, when the charts and the stars were all back in alignment. Sometimes better to be good than lucky <vbg>.
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