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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (101135)1/21/2008 6:51:07 PM
From: RockyBalboaRead Replies (2) of 306849
 
Japan: The BOJ interest rates decision is due later today, could reverse things very short term a bit. BOJ has a knack for breaking charts when no one expects it and we are in overbought territory.

Well if traders are tough, they trade the EURJPY cross to 151 or even to 150.

I have opened the screen and what I see is a bit ugly:

KSE200 (Korea) -4% to 206 (-8)
N225 about -1.5% displayed 13125 (-200)
The problem is the overhang in the TOPX which is bid wanted at 4% off.

Could be worse.
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