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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (19999)1/15/2005 10:34:23 PM
From: orkrious  Read Replies (4) | Respond to of 60908
 
A move to 120 yen would mean a stronger dollar.

I am not sure, but I don't think this is 120 yen/dollar.

stockcharts.com[w,a]daclyiay[dc][pb50!b20!b200!d20,2!f][vc60][iLa4,9,5!Lh5,5!Li10,10!Lp14,3,3!Ll14!Lo14!Lb14!Le5,10,1!Lc10]&pref=G

it's a ratio of two indices, and a stronger yen means the chart goes up. this makes sense, since the dollar has been weak the last six months, meaning the graph goes up.

I think when this chart breaks out it means a weaker dollar



To: SwampDogg who wrote (19999)1/15/2005 11:21:01 PM
From: nspolar  Read Replies (1) | Respond to of 60908
 
The $XJY is Dollar per Yen if I'm not mistaken. 120 from here means the dollar weakens, and it is Dollar/Yen. The Yen buys more dollars as it strengthens. We were talking $XJY here not, yen per dollar.

The $XJY has been rising steadily from the beginning of '02, as the Yen strengthens relative to the dollar.

Similarly with $XBP, $CDW, $XAD, $XSF.

I try not to get inverted when I'm doing these studies, save that for other events.


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