Monday, August 30, 2010

NEWS General Updates

PS3 Jailbreak Ban Upheld
 
 This morning's Sidney Morning Herald brings news of Sony's successful temporary injunction against the Playstation 3 Jailbreak. Tomorrow, they'll try for a permanent ban on sales of the Jailbreak in Australia.
Japan Policy Ease
  
We made a trade last week on the dollar vs. yen which is sort of working. Overnight, the Bank of Japan did what we expected but the market's reaction was unexpected. The stop remains at 84; the first target is 88 and we'll pyramid the position if it goes our way.

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