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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Mark Haddad who wrote (2669)	11/26/2007 10:39:58 PM
From: John Pitera	Read Replies (1) \| Respond to of 71479

Mark, I did not see the interview, but I tend to distrust and discount most of what finance ministers say regarding their currencies. on the other hand I do believe that the carry trade has much more to go to unwind. what date does the Dec 93 option expire? the cad/JPY has had it's most intense move up intraday in the past hour, and EUR/JPY is advancing strongly this past hour. Let see what happens the next 3 or 4 days. I still am on track with what I was suggesting yesterday. (but on the shadow really knows both what evil lurks in the hearts of men, and what these bloody currencies markets will do.) They are nicely volatile these days. gotta give them that. John