with Oli | Strategies


Archive for März 13th, 2008

White knight of the day … (vulg. manipulation)

Donnerstag, März 13th, 2008

Every day the same story … market heads south … on REAL data …
Today … retail sales … HORRIBLE … HFs going under … Bear Stearns about to go belly up
Then … a white knight appears … if it is not Heli-Ben it is one of his “a**kissers” …
Today … even two of them […]

YEN attacks …

Donnerstag, März 13th, 2008

As Carlyle collapses, the former BoJ prediction is fulfilled (100 against the Dollar), hurting markets on further unwind of carry trades.
Here the monthly chart of the Yen/Dollar

Copyright by Tradestation
Yen tries at the moment to break out of a triangle like longterm formation.
First price target is around the 95 Yen/Dollar.
Sounds like the Yen is not […]