Jim Rogers concerned about long yen

SAN FRANCISCO (MarketWatch) — Investor Jim Rogers said Thursday that he's concerned about his long position in the Japanese yen after a recent surge in the currency.

http://www.marketwatch.com/story/investor-jim-rogers-fretting-about-yen-2011-03-17

 

Looks like his concerns are being addressed right now.

 

Well he should sit tight... we're going higher with all the money going back to Japan in the form of JPY in order to reconstruct a lot of stuff...

Mid 60's is my targer or even lower

 

Well, best of luck with that...

 

Even though that's my opinion and what I think doesn't mean I'll trade acording to that belief.

If the market sshows strength and the trend changes certainly i will be start going long again...

 

Well BOJ just submitted order at 81.25, you should be able to hit something there if you fancy your chances, I reckon they're good for it...

 

They iz not alone, either... Looks like there's a few other buyers arnd.

 

Jim is the best.

He has been telling people to buy the Yen and CHF since mid 2008!

 

The guy just talks his book, I would pay him no mind.

 

And your position is ...