Hehe I saw this thread title and thought I was having a flashback to 1976 and you were my dad. ps Dad, where ever you are, sorry again for that estes rocket modification and the neighbors garage.
there is no need to get out of the market if you can just hedge against declines and armageddon buying SKF and selling calls. the idea that everything will go down on new depression might generate good blogging traffic but its so damn unlikely you can just ignore it
You better put your insurance in place, ladies and gentlemen. The long-feared Yen Carry Trade is now, finally, truly unwinding. Pain, pain, pain... I'm taking my clothes off right now, because 'itz gittin' hot in here.'
bylo, didnt anyone see this coming, the numerous articles that we posted pointed to this direction in the market...
There have been quite a few people here that have witnessed the handwriting on the wall. The fed almost seems hell bent on a suicide pact; that's what I don't get. All they have accomplished so far is to panic the world, and to diminish their credibility to do anything other than destroy the value of the USD to ZERO. P.S. - USD now = less than 100 Yen