The ACD Method

USD/JPY re-set for me today.

 

The Libor/OIS spread really put this current "mild" economic disruption in perspective.

 

It looks like things are going to get a little bumpy over night.

 

long here into the open....good times..

stopped

 

Wow GBPJPY brutal drop, already way past my Q A down (187.05)

 

Closed below the monthly yesterday. You can use the USD/JPY as the proxy for risk. If USD/JPY is getting weak, which it was, all the riskier Yen pairs have a beta relative to USD/JPY.

 

My USD/JPY Monthly, weekly and daily A down is about 121.32 and now it broke that level so I am currently watching very closely how it fares over there, and hope risk will come back because I got a little position long Chinese have already forbidden to speak bad about market so lets see if communists can control market... Now when I said that it doesn't look good

 

I meant to point this out yesterday...vvix or vol of vol so to speak, this chart is from last October which was a quick brutal sell off , vol itself spiked to 31. Interestingly, the vol spikes and reverses intraday, no one knows exactly when that will be. If greece leaves the Euro that spike may be much higher than anticipated, plus China...carry on.

 

YINN down 18%. Makes our indices look like savings bonds.

 

Holding at the QTR A down.