350Z's 2007 I Fund Thread

Status
Not open for further replies.
There's panic in Japan! The Yen carry trade is unwinding like a runaway freight train. The Nikkei 225 is quickly aproaching support at 15557, Last October's low.
 
There's panic in Japan! The Yen carry trade is unwinding like a runaway freight train. The Nikkei 225 is quickly aproaching support at 15557, Last October's low.

It broke thru 15557 like a knife thru butter - 15481 - hopefully it will come back to support. It looks like a little bounce right now but I can't believe the yen is 112 - talk about a kick in the ass to the yen carry trade.

I fund is going to be extemely ugly tomorrow. Nikkei could be down as much as 5%.
I don't envy anyone 100%I fund with a sizeable TSP. I hope ( a pipe dream no doubt that europe has somewhat of a bounce.) US futures are down slightly. I think we have a way to go before we bottom out IMHO.

The good thing is these idiots (especially cnbc) are going to realize how cheap they can pick these deals up.

white
 
Wow... The Nik is down almost 600.:nuts:

I did say awhile back that I was waiting for it to fall below 16,000 before I'd buy in.

BUT, I believe I'll be holding out a bit longer...

Can you say, "15,000"???
 
It broke thru 15557 like a knife thru butter - 15481 - hopefully it will come back to support. I can't believe the yen is 112 - talk about a kick in the ass to the yen carry trade.

I fund is going to be extemely ugly tomorrow. Nikkei could be down as much as 5%.
I don't envy anyone 100%I fund with a sizeable TSP. I hope ( a pipe dream no doubt that europe has somewhat of a bounce.) US futures are down slightly. I think we have a way to go before we bottom out IMHO.

white

Yup, it made a nice V around 15481 and it's now back above support at 15619. 1 hour to go and it needs to recover some more.
 
Hey, I'm with you this could be a distant memory tomorrow but it doesn't hurt to be prepared for anything

white

Your right 814 down is one ugly number. When the nikkei bounces hopefully it will be one hell of a bounce.


white
 
Man, (I) will look quite tempting after today.

I won't jump in until I see some stabilization across the board.
 
Status
Not open for further replies.
Back
Top