9/05/2007

UPDATE: Short GBPJPY @ 234.19

Taking profits on the balance of the position at 232.17. Adjusted exit price is 232.285 (+190 p).

SPX futures indicating a notable rough start to the US session. What's interesting, is that the market sold off in the last half hour yesterday on a big chunk of volume. Let's see if sellers continue today.

Please read this: http://news.bbc.co.uk/2/hi/business/6979577.stm

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