massive move in

[SimonPB]

USDYEN, over 100 pips down to low 111 . no idea what it means, but some ppls got nailed .

[DST]

No panic. Its just Chattychat swamping the Yen fx markets with his transfers to Duncan Edwards ... ...

[SimonPB]

Barclays suspended limit down in London. FTSE seriously (off over 1%), DJ futures well red. An we still green.

[Brazen]

mmm somethings up. I hate feeling so Zarpish but we're almost all cash now. I feel a sense of doom. . . . but I had a great lunch, lightly grilled calamari and a very dry, very chilled white.

[#5]

Ya, I jus made 100pips on cable

[#6]

About now, dudes will be walking from the US to Canada. Or Mesko. Or Panama. Heck, I figger I might have some A#mericans workin in me herb patch soon. Anyone know the hourly rate fer wetback labour??

[kwagga]

I don't think it will hurt to have a little cash right now. Zarpish is very descriptive. I also feel a little uneasy. US economy seems fragile right now. The question is "How long can an economy be sustained by debt?"

[faure]

Simon I guess we're following the DAX on this one.

[#9]

God help me, I've bought a few GFI contracts. I've set an automated stop and it's now in the hands of the gods.

[#10]

too much very dry wine....?

[#11]

Kinda like quiet time witha poolboy. 'Too much' ain't really applicable.

[john_1]

See that why I like you guys there is always gonna be laugh.

[#13]

in the languid silence after a good backwash....time evaporates evaporates imperceptibly ....

[#14]

Yes that, anna good backrub, with them nice aromatherapy products from Woolies.

[#15]

planning a trip to your neck of the woods and the poolboy is gonna help me drive me so you may even meet him.....

[Robbie]

This is just the beginning. According to some currecy experts in America, we will see a drop of at least 20% US$ - Yen, before end 2008. They call it "carry trades" - meaning that millions of Yen was borrowed at very low interest and then converted into US$. It's becoming payday and those millions of yen would be bought back with US$. Looks like there's huge money to make out of this once "dominating" currency which already started to take a huge knock from the C$ just more than a month ago. I opened an options account recently to play options on the Philadelphia Exchange. I mailed in my originals and hope to have my account ready soon.

[#17]

Robbie there's just one lil problem
I too have made some very nice moolah on the demise of the dollar recently - HOWEVER - I made all that money in US$'s. So it's all kinda pointless when you try convert the dollar profit back into any other currency that's worth anything, and that INCLUDES the Rand suprise suprise . . .

[#18]

Kool. Bring yer lilo.

[Ega]

Buy Zim dollars, you'll get lots.

[#20]

hmm, maybe.
But how many MORE Zim$ would I get when I want to cash in my profit? And would that be worth MORE than buying US$ or Tazmainian Eweliks for instance . . .
That be the Question.