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Thread: The Carry Trade: Buy or Sell?

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#159 (permalink)

07-18-2008, 11:06 AM

John Kicklighter John Kicklighter is offline

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Forgot to mention. Put the new Carry Trade article up on DailyFX.com.

The carry trade (and general risk appetite is in a precarious position). The index has pushed to a triple top to test whether a true trend change can hold water. On the other hand, market conditions figures like volatility and put interest have all marked sharp deteriorations - suggesting their is considerable fear of a dramatic drop in risk appetite.

We should have a direction within the week (just hope its not a slow pullback to create another frustrating range).

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