Quotable
““The thought is not something that observes an inner event, but, rather it is this inner event itself. We do not reflect on something, but, rather, something thinks itself in us. ” 

                                    Robert Musil

Commentary & Analysis
Japanese yen – Can 92% of the punters be right?
 
In currency markets we should be concerned about those that act, i.e. acting bulls and bears who take real positions as opposed to talking bulls and bears that are either on the sideline or just talk about currencies and don’t really trade for a living.  This positioning is what drives price action.  

….92% bearish yen…can that many be right?

Read the full issue here

Jack Crooks
President, Black Swan Capital