No Mercy For You
| Favorite team: | Ohio State  |
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| Number of Posts: | 4 |
| Registered on: | 8/6/2024 |
| Online Status: | Not Online |
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re: Every Rally is going to be sold until the Yen Carry Trade is unwound.
Posted by No Mercy For You on 8/7/24 at 8:30 pm
quote:
How many alters do you have
what is an alter?
1
Just wanted to wish Y'all The Best of Luck this College Football Season in your quest for
Posted by No Mercy For You on 8/7/24 at 8:27 pm
2nd place, because we all know that the National Championship Trophy is heading back to Columbus where it belongs.
Hopefully one of your redneck teams will be able to give us a decent game, but I doubt it.
O-H Beotches !!!
Hopefully one of your redneck teams will be able to give us a decent game, but I doubt it.
O-H Beotches !!!
re: Every Rally is going to be sold until the Yen Carry Trade is unwound.
Posted by No Mercy For You on 8/7/24 at 8:02 pm
quote:
K. I’ll keep buying. Thx
Tell me that the OP was over your head without telling me that it was over your head. :lol:
If only you understood this last week you would have sold and wouldn't have spent the last week getting your arse handed to you.
Every Rally is going to be sold until the Yen Carry Trade is unwound.
Posted by No Mercy For You on 8/7/24 at 7:27 pm
The Rally this morning was due to Japanese Central Bank releasing a statement overnight that they would be conscious of the impact to Global Markets before raising rates further.
I don't know why the market got excited about that.
I mean they didn't drop rates & there are still plenty of people that need to unwind their trade.
And the lower stocks drop, the more Fund Managers that utilize the Yen Carry Trade will become offsides & need to sell.
The reason that the high flying momentum stocks reached the levels that they did is in large part to fund managers utilizing the Yen Carry Trade to leverage up and play the momentum game in these high flyers,
There is no telling how low these stocks can go until the Yen Carry Trade is unwound.
Short Term people are underestimating just how risky this unwind is to the markets.
Long Term the "Free Money" Yen Carry Trade just became more expensive, less attractive , and riskier for Fund Managers to utilize.
This means that going forward there will be less Free Yen Funny Money for Fund Managers to leverage up and pour into stocks
I don't know why the market got excited about that.
I mean they didn't drop rates & there are still plenty of people that need to unwind their trade.
And the lower stocks drop, the more Fund Managers that utilize the Yen Carry Trade will become offsides & need to sell.
The reason that the high flying momentum stocks reached the levels that they did is in large part to fund managers utilizing the Yen Carry Trade to leverage up and play the momentum game in these high flyers,
There is no telling how low these stocks can go until the Yen Carry Trade is unwound.
Short Term people are underestimating just how risky this unwind is to the markets.
Long Term the "Free Money" Yen Carry Trade just became more expensive, less attractive , and riskier for Fund Managers to utilize.
This means that going forward there will be less Free Yen Funny Money for Fund Managers to leverage up and pour into stocks
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