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


To: ild who wrote (48178)12/25/2005 7:08:41 PM
From: kris b  Respond to of 110194
 
This carry trade was in force two-three years ago”

1 ½ year ago to be precise. Have they all been unwound? Ask Buffett.

“More current carry trade is to borrow yens, convert them into USD to buy US assets.”

And Euro and any other currencies that yield less then US $ which only adds to the buying pressure.

“Small investors like us can only win if we correctly identify macro trend”

Macro trend might be down, but within this trend you will have countertrend rallies that might last for a few years. Go with the trend until it reverses ?