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Hey bobby..hope you didn't get nailed on U/J

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simplegreen   Sunday, 02/15/15 01:05:49 PM
Re: boca_bobby post# 131453
Post # of 140143 
Hey bobby..hope you didn't get nailed on U/J the other day...saw where you were thinking of taking a long on it and soon thereafter it dived pretty good..overall it was a pretty wild week for sure.That crap on U/J is main reason I still steer clear of that thing..its one POS(Yen) hooked to another POS(USD)!..The talking heads keep saying US economy is recovering or say its rebounding??!!Guess they don't see one negative report after another or they would realize the USD is a POS with natl debt rapidly approaching $20 Trillion and no way to turn it around now even if they repeal Obamacare and years of runaway regulation that's strangling business.
To me U/J is more of a guessing game these days and considering fundamentals of both countries its hard for me to figure whether the exchange rate should be higher or lower than where its at now..so I simply don't trade it anymore.

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