Re: Foreign Exchange speculating
"John W." <worthj1970@gmail.com> wrote in message
news:1190315354.566413.170230@19g2000hsx.googlegroups.com...
> On Sep 17, 11:08 pm, Declan Murphy <declan_mur...@hotmail.com> wrote:
>> I noticed that the losses (somewhere along the lines of USD$2.5
>> billion) accummulated by Japan's amateur currency speculators ("kimono
>> clad Mrs Watanabe") in recent weeks has started to receive more
>> coverage in the foreign press. Anyone got any amusing/distressing
>> stories?
>
> No, but I'd like to see a thread last more than a few posts.
>
> John W.
>
I would guess because not many frequenters here know much about the
yen-carry trade.
I for one knew little to none, it was often tempting to try but I never
did.
And what about Mrs. Watanabe!
I know people make a living at it but had no idea so many Japanese
housewives were sneaking behind their husbands backs.
Makes me wonder what else might be going on while those blokes are at the
office.
And I bet there were a few daggers to the gut over the astronomical family
losses, plus a few ass whippings and divorces as well.
Marvel
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