Good job. Still short from 227.43. Almost bailed during the bounce. Glad I didn't. I might hold tonight but I'm undecided. Happy New Year to you and All.
Yes Mrfrank you have a good position there. I still think GBP/JPY will hit 213 by Feb, like i said a few weeks ago. Will be looking to play ball in 2008. Massive selloff in GU today. Annoyed me as i was short at 2.0010 got stopped at 2.0030, it went to near 2.01 then dropped 280 pips from its high. Damn.
I would not be surprised to see 213 on the beast either. I will be selling all rallies. Friday's NFP is going to be huge. Let's start up a new 2008 GBP/JPY thread, I'll be more than happy to contribute.
I'm there as long as the civility continues. I missed the cable slide but the GBP/JPY position is a great note to end 2007. See yas in 2008. BMF out.