Even if you are still holding long now ( which is ridiculous by any stretch of the imagination ) it may not be too late.
Get ready for the dump.
Volatility has had equity markets trade up and down over the past week, and currency markets have remained flat.
I assume that will end today.
You won’t survive the next leg down, and if you’re not short USD ( as well long JPY against the planet ) you are clearly on the wrong side of the trade.
But what else is new right? Retail will be retail.
This afternoon I plan to eat copious amounts of over priced Canadian sushi, while sipping vats of the finest sake Japan has to offer.
Come late October………… you can ask me how fat I am.
Get out. Get short. Get bent.
Have it your way.
Forex_Kong_Face_Book
Kong, I will treat you and your guests to sushi and fine sake the next time you visit San Francisco.
I will even put you on a treadmill!
WaterDragon! Thank you so much for the invite – very kind of you.
I love San Fran…just not sure if I’m allowed back in the States ( that’s another story ).
Very much appreciated.
That works for me. We can meet in Tsukuji, Tokyo, Japan. The finest sashimi and sake!
The only problem is that I have never seen a treadmill there…