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


To: carranza2 who wrote (78862)1/22/2008 8:57:58 AM
From: robert b furman  Read Replies (1) | Respond to of 94695
 
I wonder if there hasn't been a large hedge fund blow up behind the scenes.

Oil has collapsed from 100/barrel ATH and Yen Dollar has reached closer to parity than I can remember @ 106ish.

Doesn't the carry trade become a bad trade as dollar yen approach parity?

Bob



To: carranza2 who wrote (78862)1/22/2008 8:58:06 AM
From: Real Man  Respond to of 94695
 
Sure. It's deflation. <g>



To: carranza2 who wrote (78862)1/22/2008 8:59:44 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Could be too late. They should have done it on Thursday.