The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: 10K a day who wrote (3822)	2/3/2008 7:10:48 PM
From: RockyBalboa	Read Replies (1) of 71456

The Japanese overdid. They opened the market with a huge gap, Plenty of sellers near 13800. > Of course theres always the devils advocate speaking: The coming rate cut in Japan will propel things in various kinds: * Japanese equities, of course * The Carry trades in high yielding currencies * fend off more dollar selling as a result * etc... for now I decided to take the bait and sold topix index contracts. Hongkong-China will be interesting. So far I see only mixed indications. Things in tech world are a little bit strong with Korea still adding to the gains and is up nearly 5 points.

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