DislikedThis pair always had a tendency to move slower than the rest........ it will eventually get there.Ignored
Expected the unexpected
USD/JPY Discussion 7 replies
NZD/JPY Discussion 12 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/USD Bollinger Band Discussion 3 replies
Suidster's GBP/JPY Discussion 19 replies
DislikedThis pair always had a tendency to move slower than the rest........ it will eventually get there.Ignored
DislikedYou are right about it moving slow. It's virtually stopped. It's torture to watch the concrete grow. lol. Still think it will get there?Ignored
Dislikedstill not sure why the nikkei is down -300 points today.. and UJ up for the japan session... normally negative nikkei should be good for yen.. the opposite as other markets.Ignored
DislikedLink: WWW.JSMINESET.COM
Snippet:
Jim Sinclair’s Commentary
Here comes the fallout from the downgrade of credit default derivative factories. Sure everything is just dandy - in your dreams!
Banks face 'possible' £5bn writedowns
Bond insurers' ratings downgrades cause potential writedown headache for global investment giants
Written by Barbara Buchanan
Accountancy Age, 11 Jun 2008
Three of the world’s largest investment banks could potentially face writedowns of up to $10bn (£5.1bn) after their bond insurers were downgraded by Standard & Poors last week, reports The Financial Times.
According to analysts Citigroup, Merrill Lynch and UBS have hedged their collaterised debt obligations and mortgage backed securities of $6.3bn (£3.23bn), $4.8bn (£2.46bn) and $3bn (£1.5bn) respectively with insurers Ambac and MBIA.
Wall Street executives were surprised by S&P’s decision to downgrade Ambac and MBIA from a trip A rating in February and March to a double A last week with Moody’s expected to downgrade Ambac to double A and perhaps cut MBIA to a single A shortly.
‘They and other credit rating agencies have been under pressure to anticipate developments, rather than lag behind the curve, and this looks like an attempt to do just that,’ said a Wall Street executive.
More…Ignored
DislikedInteresting - all currencies came to a wrenching halt........Ignored
DislikedDamn, this thread is very popular now .... anyways, I want UJ to go down ..Ignored
DislikedI know - it has been awhile but I'm still doing what I always do....... good seeing you also.Ignored
DislikedIt should happen within the next hour or else my analysis is wrong.Ignored
Disliked*nods* Why stop when it works?
It's great that you're back. I learned a lot from you and still use your techniques with Pivot Points (it's amazing how they work), but I base my primary analysis on other things.
AdrianIgnored