We believe that Yen carry trade is not completely unraveled yet and it will produce retest of the recent lows, which would on April 7, neatly correspond to the lows on the chart. Then we will have then the rally back into early May, just like in 2006 and then down into August. Looks like the creator wants to repeat the play of the last year. So, be ready.

- 12800 represents a multi decade wall for DJI ( regardless of the money thrown at it ).
- Gold will follow similar scenario, and depending on the relative strength of GOLD we will know if it is
going to 900 or 500. Silver lagging the GOLD...
- Interest rates Higher into May, at least- Dollar down into May and then a zig zag down into the end of 2007

Stay in touch with http://borisc.blogspot.com It is all free and could save your life.

Remember I give, cause this is the only way I get it back (at least this is what Shota Rustavelly, great Georgian Poet/Philosopher of 12 century thought me to do).

By Boris Chikvashvili
borisc.blogspot.com

In short... I was supposed to be a theoretical physicist(Russia+Jerusalem Hebrew University, MS Physics, with distinction, toyed with QUARKS). Somewhere on the road to PHD I have discovered, first the Computers - at Carnegie Mellon University ( MS EE, Fathered UNIX, adopted WINDOWS), and second Finance on Wall Street.President ITI,( Computer/Finance Consulting Firm) Consulted AT&T,IBM,SUN,CITIBANK,JP MORGAN, LEHMAN, MICROSOFT. Designed/implemented Trading Systems - BLOOMBERG LLP. There is nothing more to say professionally speaking. Please Note: The opinions expressed here are only for education purposes and do not constitute the advice in any shape of form.

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