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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (432)8/20/2003 11:15:13 PM
From: ild  Read Replies (1) | Respond to of 110194
 
Two charts from yesterday's ContraryInvestor:

idorfman.com
idorfman.com

They made a point that the consumer is about to be exhausted and cash out refinancings are not what they used to be.



To: russwinter who wrote (432)8/21/2003 1:42:20 AM
From: Jim Willie CB  Read Replies (4) | Respond to of 110194
 
is long awaited JYen bull run finally at the doorstep?
dunno, could be
stochastic crossover possibly underway
fundamentals support it
huge trade surplus versus USA, at 2.5% of its GDP
the JGB bond market finally kicked out of a coma
BoJ must be getting exhausted fighting this battle (see Sisyphus)

stockcharts.com[h,a]waclyyay[df][pb50!d20,2!f][vc60][iUb14!Uh15,5,5]&pref=G

/ jim