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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (38596)9/21/2003 9:47:21 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 74559
 
big bigtime bigass move in JYen tonight, breakout continues
now at 89 in US$ terms (112 in yen terms)

87 Head & Shoulders Bull neckline taken out
longterm target is 100

87 Ascending Bull Triangle top taken out
nearterm target is 93

implications to imported product prices
we are about to enter a dangerous next phase
falling USdollar and rising longterm interest rates
no longer will a falling dollar coincide with falling TENS yield
they will try for a while but they will fail

/ jim