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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (76786)9/7/2007 2:29:34 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Well, it's really all about the borrowed Yen. Too many folks
though of Yen as free money. Well, it is, but when $400
Trillion notional interest rate swaps and currency swaps
market starts panicking, not even the Fed can stop that.
Maybe BOJ can print some or do something. -g- Too many folks
thought of selling naked OOM puts as free income too. -g-

Yen is looking like someone's in trouble. -g-