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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: YanivBA who wrote (55484)8/28/2006 3:50:47 PM
From: mishedlo  Respond to of 116555
 
To break down a sharp rise in the YEN or a breakdown in whatever the YEN borrowers are buying.

The latter is hard to say but if it is oil or gold then a breakdown in the $CRB.

Most likely a breakdown in treasuries but that trade has been going in their favor as has the US dollar.

Japan draining more money would cause potential problems as well as would a series of unexpected hikes by Japan.

Then again, sometimes things blow up in unexpected ways.

Mish