USD just skyrocketed against the yen - GoFuckYourself.com

cluck · 01-08-2004, 10:15 PM

WTF is going on? Well I don't care, it's a big spike and I just made a 25% return

cluck · 01-08-2004, 10:21 PM

That's not even meeting the daily high, but it's the kind of spike that makes me happy to be trading at 12:30 AM.

bhutocracy · 01-08-2004, 10:21 PM

Didn't the IMF just release figures warning that the US is heading into a shitstorm with huge debt and trade deficits?

cluck · 01-08-2004, 10:24 PM

Quote:

Originally posted by bhutocracy
Didn't the IMF just release figures warning that the US is heading into a shitstorm with huge debt and trade deficits?

This isn't gonna last, it's just a good point to sell my bet. I did, and locked in the return

robfantasy · 01-08-2004, 10:34 PM

how much u make?

pradaboy · 01-08-2004, 10:36 PM

why doesn't that happen with the USD vs. Euro?

Rich · 01-08-2004, 10:40 PM

Quote:

Originally posted by cluck

That's not even meeting the daily high, but it's the kind of spike that makes me happy to be trading at 12:30 AM.

You're not the only one trading tonight.

Cheers.

cluck · 01-08-2004, 10:46 PM

Quote:

Originally posted by robfantasy
how much u make?

Not much, unfortunately I could only bet $40 so I made around $10 on the first bet and I'm around 40% on my second while the yen evens out. If I hit 50% I'm pulling out so that's another $25.

My damn e-gold account is empty and it takes a while to transfer funds. If I'd known this would happen I'd have dumped at least $1k in there.

Michael O · 01-08-2004, 10:52 PM

Quote:

Originally posted by bhutocracy
Didn't the IMF just release figures warning that the US is heading into a shitstorm with huge debt and trade deficits?

Yes but there are also news saying the European Central Bank will go out and buy a few US$ to raise it against the Euro cause European companies doing their business in US$ are really suffering because of the weak US$.

cluck · 01-08-2004, 10:58 PM

Quote:

Originally posted by Keyser Soze

Yes but there are also news saying the European Central Bank will go out and buy a few US$ to raise it against the Euro cause European companies doing their business in US$ are really suffering because of the weak US$.

Actually looks like my euro/yen bet is going to more than double. Not bad for 1/2 hour or so.

USD/JPY isn't moving all that much right now.

Greg B · 01-09-2004, 12:26 AM

Quote:

Originally posted by cluck
WTF is going on? Well I don't care, it's a big spike and I just made a 25% return

This is what happened

richard123 · 01-09-2004, 04:05 AM

Quote:

Originally posted by bhutocracy
Didn't the IMF just release figures warning that the US is heading into a shitstorm with huge debt and trade deficits?

http://www.signonsandiego.com/news/b...99_1b8imf.html

Very scary stuff. They said on the radio (so it *must* be true) that this is the sort of stuff the IMF normally dishes out to dictatorships

BTW: Want a stock tip? Check out RDF on the ASX. They will reach over $2 before August. I've got $40K in there and have made a nice profit over the last few weeks.

sacX · 01-09-2004, 04:10 AM

Quote:

Originally posted by cluck
WTF is going on? Well I don't care, it's a big spike and I just made a 25% return

surely BOJ is buying dollars.. it happens all the time.. it shouldn't be surprising

KraZ · 01-09-2004, 04:23 AM

Quote:

Originally posted by Greg B

This is what happened

I heard it on the news too - Bank of Japan had done an "intervention" - buying USD.

ortika · 01-09-2004, 04:52 AM

Quote:

Originally posted by Keyser Soze

Yes but there are also news saying the European Central Bank will go out and buy a few US$ to raise it against the Euro cause European companies doing their business in US$ are really suffering because of the weak US$.

Isn't true ...

BCE have not the money to do that ...
Thay will do somethin when it will be 1.35 - 1.40

i'm wainting the 1.40 lost 40% on a check is so good

01-08-2004, 10:15 PM	#1
cluck Confirmed User Join Date: Dec 2002 Location: New Jersey Posts: 5,248	USD just skyrocketed against the yen WTF is going on? Well I don't care, it's a big spike and I just made a 25% return __________________ icq 279990726 www.mcdonalds.com <- great money making opportunity

01-08-2004, 10:21 PM	#2
cluck Confirmed User Join Date: Dec 2002 Location: New Jersey Posts: 5,248	That's not even meeting the daily high, but it's the kind of spike that makes me happy to be trading at 12:30 AM. __________________ icq 279990726 www.mcdonalds.com <- great money making opportunity

01-08-2004, 10:34 PM	#5
robfantasy Confirmed User Industry Role: Join Date: Jun 2002 Location: Medellin, Colombia Posts: 6,445	how much u make? __________________ Looking to speak w/ high volume nutra CPA affiliates or networks... msg me

01-08-2004, 10:36 PM	#6
pradaboy sell me your banners Industry Role: Join Date: Dec 2003 Location: on the tubes Posts: 12,931	why doesn't that happen with the USD vs. Euro? __________________ Media Buyer - Sell me your traffic! FREE to register domains... Better than 99% of the crap sold here!

01-08-2004, 10:21 PM	#3
bhutocracy Not making A Comeback Industry Role: Join Date: Dec 2001 Posts: 10,218	Didn't the IMF just release figures warning that the US is heading into a shitstorm with huge debt and trade deficits?