"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Friday, June 15, 2007

Yen

Despite our public humiliation - just kidding, being wrong comes w/ the territory - and capitulation, the Yen remains front and center. Over sold to an extreme with bullish divergence intact. One of these days this thing is going to turn and burn and in so doing, blow up a lot of complacent speculators.