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maximus1

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maximus1

Re: pennies2007 post# 38623

Sunday, 09/27/2009 7:23:01 PM

Sunday, September 27, 2009 7:23:01 PM

Post# of 140146
Correlations sometimes betray. Ask yourself why would the EUR's relationship to the GBP have anything to do with the GBP's relationship to ANY currency (other than a cross)? Where does the JPY fit into the equation?

Unless you are comparing the EUR/JPY vs the GBP/JPY then you have something (except the EUR/GBP has around 80% of it's relationship based upon the USD).

Remember the 80/20 rule and don't bet on 20/80.

GL,

Max
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