As you may recall, I initiated my Yen short a few weeks back with a few longer-dated FXY put options. I was careful to mention that I was only dipping a toe, rather than going full throttle, because I had a sense that the near term would be uncertain. Well, at least I got that part right. Since putting on that position, the price action has only gone in one direction: against me. Nevertheless, the chart is currently at a point where you might expect price action to reverse, and hopefully start going my way. For the time being, I don't plan to follow that strategy by adding to the position. Nevertheless, I still offer a chart for your consideration (USD/JPY captured).
Wednesday, July 25, 2012
Broken Money
The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...
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Are when the contrarian should think about buying. And so I tried. Some AUY LEAPS (filled) and a small mining services company that I like...
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Lately, in spite of various frustrations, I have been trying to think through where the opportunities will be in real estate. We’ve discuss...
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I came across this really interesting chart regarding 2013 and 2014 EPS forecasts by region and globally. Note the very pronounced move fr...
