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- packetguy replied Aug 23, 2007
Actually, BoFA got a very sweet deal. For their investment of $2Billion, they are already up $750 Million and they get interest @7.25% on top of it, which comes as dividend of $145Million. Countrywide stock is rising after the announcement.The only ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- packetguy replied Aug 20, 2007
It makes pound the master who kicks the dog around making it yelp and feeds him scraps (sometimes) just enough to keep it alive. Seriously , that guy got it wrong. The Yen is nobody's dog. The Yen is GBP's bitch!
The yen will be a dog
- packetguy replied Aug 16, 2007
I agree with this , the markets are irrational at this point of time and I do not see a strong upwards rally soon. I would however, love to be wrong (Have a couple of multi-hundred pip longs)
Auslanco - GBP/JPY and GBP/USD (newstrade)
- packetguy replied Aug 16, 2007
Good morning Zoheir, how are you, hope you do good todayAuslanco - GBP/JPY and GBP/USD (newstrade)
- packetguy replied Aug 15, 2007
All the markets seem to be heading down but GBP/JPY is stading firm in the 231.20-231.40 range.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- packetguy replied Aug 15, 2007
Hey, I know Johor bahru. Lived in Singapore for a year or so...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- packetguy replied Aug 15, 2007
Current scenario wise you are right on the money but I think that the markets have a short memory and once the dust settles with the FED and ECB assurances of buying out bad-credit and providing liquidity as required, I think the carry trade will be ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- packetguy replied Aug 15, 2007
Why so? Even if BOE does not hike, and if BOJ hikes TWICE in a row (even though a single hike of 25bp is looking more difficult by the day) the Interest rate differential is way too huge for interest in the GBP/JPY carry to diminish.(pun not ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- packetguy replied Aug 10, 2007
FWIW, it's not the taxpayers money. The money is being created out of thin air.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- packetguy replied Aug 10, 2007
This volatility is unbelievable, but I hope it stays this way. Lots of opportunities to make money.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- packetguy replied Aug 10, 2007
I was about to post exactly the same thing
Auslanco - GBP/JPY and GBP/USD (newstrade)
- packetguy replied Aug 10, 2007
I'm holding a few longs in the 240.xx range. Waiting for the price to go back up.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- packetguy replied Aug 8, 2007
The upmove seemed to be stalling so I closed all my lots at 243.80. No positions open now.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- packetguy replied Aug 7, 2007
DJIA is moving up wiping out the opening losses. Long from here and looking to add slowly
Auslanco - GBP/JPY and GBP/USD (newstrade)
- packetguy replied Aug 6, 2007
I use Yahoo Finance ( finance.yahoo.com ) for tracking the Nikkei 225 and the page refreshes automatically.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- packetguy replied Jun 20, 2007
The market was expecting the decision to hold was 7-2 meaning 2 members voted for a hike, it came out as 5-4 which means 4 voted for a hike. This means that most probably a hike will occur next month, which sent cable higher which of course, took ...
Daily GBP/JPY analysis
- packetguy replied Jun 6, 2007
I have a friend who calls GBP/JPY "piece of shit" as he is holding shorts since March.
Why is GBPUSD called cable?