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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (38364)	10/30/2008 9:10:03 AM
From: Rangle	Read Replies (3) \| Respond to of 48461

I'm not sure what it was,...I'm thinking mkt on close orders after they saw the rally?..Then settlement after close. Baton thought it was thinly traded? We'll be ready for it today if it happens. Just took this off briefing Fears mount in Japan over complex yen products - Times of London Times of London reports traders in Tokyo have given warning that about $90 billion of complex foreign exchange products, sold mainly to Japanese households and institutions, are on the brink of falling "like a house of cards". The products, which are known as power reverse dual currency notes (PRDC), were sold to Japanese households as simple products offering higher yields than regular savings but the bonds were in reality hugely complex structures "with 15 moving parts and multiple points of pain", derivatives experts at RBS in Tokyo said. The products combine exposure to foreign exchange, interest rate differentials and domestic inflation and have formed a small but potent part of the so-called yen carry trade - the borrowing of yen to invest in currencies offering higher interest rates - a gambit thought to have financed huge amounts of global risk-taking in recent years. This should drop the Yen gl