EllensProphet on 09 November 2007
If the yen carry trade with the dollar continues to unwind, we could see 100 yen to the dollar. There is a limit to what banks can do, and the Fed and the Treasury does not seem to be concerned. I am going to wait for a bounce or two before I start to buy. The stork is not headed up until their is some news to move it up.
The urge to play is a terrible thing to waste.
