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To: stan_hughes who wrote (336331)6/7/2007 10:33:46 AM
From: Real Man  Respond to of 436258
 
You are likely right. I'm very bearish based on what's
transpiring in the real economy, but even I don't expect
a huge selloff, just a possible correction, and we may
even start a stock market rally today. Dip buying NEVER fails.
I should load up on ST calls now, but the setup for calls
does not look too promising either right now. I'll
to see if we correct within a month, then sell the puts
and buy calls.



To: stan_hughes who wrote (336331)6/7/2007 10:56:53 AM
From: Real Man  Read Replies (1) | Respond to of 436258
 
Yen is above 120Y/$. BOJ actively manipulates Yen to keep
it between 120Y/$ and 105Y/$. So I think further weakening
of Yen is unlikely, a spike is likely. They have a Trillion $ in
reserves, and a large trade surplus.


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