claydoctor

USDJPY red line in the sand

FX:USDJPY   U.S. Dollar/Japanese Yen
45 0 0
If the President's speech calls for retroactive taxes to be paid on corporations that left and are leaving, and no further rats can leave without paying the same, whether they are here or not... with a market that looks forward 6 months, that means earnings next two quarters disappoint for sure, and the market will react, DOWN, once they realize what this actually means, today, tomorrow, how about when the triangle gets breached, up or down. This speech could be the unexpected catalyst I was speaking about, that no body saw coming, or did they, why this speech, why now. Wonder how many congressman knew, will watch, will be agast at how Obama's imperialistic rule has circumvented the legislative process of law.
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