- At 83.36 now, almost back to the lows before BOJ intervention on 15Sep10. Low of this whole move thus far is 82.85.
- What to do if we break 82.85? Sell more? or Cover short?
- As a chartist, the former.
- If pragmatic, the latter. Especially given high likelihood of BOJ coming in again and how near we are to their line in the sand.
- For me, no question. SELL the break.
- Cash at 82.85 = 0.012077 in JYZ0.
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