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Old 03-13-2008, 12:20 AM
diver diver is offline
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Join Date: Jan 2008
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You are welcome AT.

One more thing that COULD happen. INTERVENTION. You do not want to wake up on the wrong side of that! If the BOJ steps in to work the YN. The FED could be next and so on. One day or two of coordinated Central Bank intervention can cripple an account if you are on the "other" side. I'm not saying it WILL happen BUT, the possibility may be getting very close. There has been a lot of coordinated movement lately between central banks on the whole credit crisis. Whether they can actually fix things or not is not the argument. They are not going to go down without a fight. That much has become obvious. If they coordinate to support the dollar for whatever reason it could be a massive signal to the market. It could be a huge day's range. Maybe it's just a dream but I have seen it happen in the past and you know what they say....history has a way of repeating itself.

Just a thought. :-)
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