Massive carry unwind tonight?

Discussion in 'Trading' started by YMsystemtrader, Oct 18, 2007.

  1. its obvious to a 3rd grader that the yen is undervalued and causing all of this inflation due to the carry trade

    90 oil??!??!?!?!?!

    my guess is, if japan raised one time, unannouced, oil would drop $10 in a week .

    G7 meeting tomorrow can fix a lot of things if they want to.
  2. crude against yen???

    that seems impossible.. $$$ borrowed on margin for an asset with super high volatility.

    all the japanese housewives are just selling their new zealand dollars. I think this thing goes to .78-.80 after the meeting (it'll take 1 week??)