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Strategies & Market Trends : The coming US dollar crisis
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To: RockyBalboa who wrote (9130)6/19/2008 6:39:34 AM
From: RockyBalboa  Read Replies (1) of 71452
 
half day later:

The yen is exactly flat vs the USD and shows nice gains vs. the EUR. I am happy that I made both bets for the yen not just one.

Now what?

I sold the USD/JPY position because it does not perform; it never tried a run ahead of 107.40 or so. Underlying dollar strength made the yen gaining in crosses.
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