Wednesday, December 14, 2005

... And The Worthy Winner Is... $/yen Bear By A Technical K.O.

$116.75 trades. Wow. Wow!! Biggest absolute move in almost 5 years, a 3-standard deviation drop! A lot of bullish macro funds are hurting today. The ultimate contrarian trade makes it big today -- I am taking partial credit for being 80% lucky with the timing!

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