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Politics : Welcome to Slider's Dugout
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To: SliderOnTheBlack who wrote (6038)8/17/2007 3:39:08 PM
From: Mrs. OMalley  Read Replies (1) of 50383
 
Slider your timing on the yen carry trade unraveling was perfect. Two months prior you said late July - early August. Impecable timing. I think it's rather obvious now that there was a lot of borrowed and levered money in gold and commodity stocks. Thanks for the input on BHP. I didn't chase today. I'll stick with what I added yesterday.

I've another question. Do you think the yen carry leverage has been completely wrung out of the market, or more to go?

And I loved this post.
Message 23765758

Mattie
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