http://www.bloomberg.com/news/2011-08-05/japan-weakening-yen-may-have-cost-record-amount-as-more-intervention-looms.html
SAMEER SAYS
THIS POST OF FOR GOVT OFFICIALS
PLS DONT WASTE MONEY TRYING TO INTERVENE
INTERVENTIONS DONT WORK - AND THEY WILL NEVER WORK
THEY SEEM TO WORK AT SOME TIMES AND THEY FAIL AT SOME TIMES
IT DEPENDS ON WHAT PART OF THE CYCLE YOU ARE IN
THE BOJ INTERVENED IN MARCH THIS
THEY PUMPED BILLIONS OF USD INTO THE MKTS
THE YEN WENT FROM 76 TO 80
AND THEN CRASHED BACK TO 76
THIS WAS A HUGE LOSS FOR THE BOJ
THIS IS UTTER STUPIDITY
PLS STOP THIS
THE WAVE THEORY TELLS US THAT THE YEN HAD TO BE STRONG
THERE IS NO WAY OUT
IT IS THE WAY IT IS
DONT FIGHT NATURE
MY VIEW FOR A STRONG DOLLAR CALLS FOR YEN TO GO TO 120
WE WILL SEE YEN BOTTOM SOMEWHERE IN THE 70-78 RANGE AND THEN FINALLY HEAD TO 120
A STRONG DOLLAR IS THE MOST LIKELY OUTCOME
NO MATTER HOW MUCH GOVTS WILL FIGHT FOR A WEAK DOLLAR - DEATH OF THE DOLLAR - ALTERNATE RESERVE CURRENCY - BLAH BLAH BLAH - WE ARE ABOUT TO SEE A STRONG DOLLAR
SO IF THE BOJ INTERVENES NOW AND THE YEN GOES TO 120 - DONT THINK THEY SUCCEEDED
IT IS THE NATURE OF THE CYCLE
YEN HAS TO BE PEAK NOW - WE ARE VERY VERY CLOSE
YEN WILL WEAKEN - IE DOLLAR WILL BE STRONG
AND A STRONG DOLLAR - ACROSS ALL CURRENCIES - WILL CAUSE HAVOC IN GLOBAL EQTY AND CMDTY MKTS
PLS BE PREPARED FOR THAT
SAMEER SAYS
THIS POST OF FOR GOVT OFFICIALS
PLS DONT WASTE MONEY TRYING TO INTERVENE
INTERVENTIONS DONT WORK - AND THEY WILL NEVER WORK
THEY SEEM TO WORK AT SOME TIMES AND THEY FAIL AT SOME TIMES
IT DEPENDS ON WHAT PART OF THE CYCLE YOU ARE IN
THE BOJ INTERVENED IN MARCH THIS
THEY PUMPED BILLIONS OF USD INTO THE MKTS
THE YEN WENT FROM 76 TO 80
AND THEN CRASHED BACK TO 76
THIS WAS A HUGE LOSS FOR THE BOJ
THIS IS UTTER STUPIDITY
PLS STOP THIS
THE WAVE THEORY TELLS US THAT THE YEN HAD TO BE STRONG
THERE IS NO WAY OUT
IT IS THE WAY IT IS
DONT FIGHT NATURE
MY VIEW FOR A STRONG DOLLAR CALLS FOR YEN TO GO TO 120
WE WILL SEE YEN BOTTOM SOMEWHERE IN THE 70-78 RANGE AND THEN FINALLY HEAD TO 120
A STRONG DOLLAR IS THE MOST LIKELY OUTCOME
NO MATTER HOW MUCH GOVTS WILL FIGHT FOR A WEAK DOLLAR - DEATH OF THE DOLLAR - ALTERNATE RESERVE CURRENCY - BLAH BLAH BLAH - WE ARE ABOUT TO SEE A STRONG DOLLAR
SO IF THE BOJ INTERVENES NOW AND THE YEN GOES TO 120 - DONT THINK THEY SUCCEEDED
IT IS THE NATURE OF THE CYCLE
YEN HAS TO BE PEAK NOW - WE ARE VERY VERY CLOSE
YEN WILL WEAKEN - IE DOLLAR WILL BE STRONG
AND A STRONG DOLLAR - ACROSS ALL CURRENCIES - WILL CAUSE HAVOC IN GLOBAL EQTY AND CMDTY MKTS
PLS BE PREPARED FOR THAT
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