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The_Game

03/09/08 9:22 PM

#16027 RE: Paul123456 #16025

At this point I think in order for the market to go up th dollar has to get stronger. The Yen is topped out anyway and at least short term, the dollar will most likely rise.

3xBuBu

03/09/08 10:47 PM

#16028 RE: Paul123456 #16025

Yen Carry-trade, USD, $WTIC and US market are inter-related
As Yen ran from X-mas low @87 to now 98, Q and USD are dropping from 53 to 42 and 77 to 72 respectively in the same period. Since USD is getting weaker, OPEC use that excuse to sell their oil at all time high of 105



http://www.wtrg.com/daily/crudeoilprice.html
http://zfacts.com/p/196.html
http://www.moneyweek.com/file/9351/what-is-the-carry-trade.html
http://seekingalpha.com/article/26766-why-the-yen-carry-trade-carries-on-some-more
#msg-27456027

guitarmusic

03/10/08 8:32 AM

#16031 RE: Paul123456 #16025

Post a chart to back that claim Mr. Paul....