Thursday, August 27, 2009

With regards to the last post...

This Reuters story from Japan a couple of hours ago:

Japan Logs Record CPI Drop and Jobless Rate
Published: Thursday, 27 Aug 2009 8:10 PM ET


Japanese core consumer prices fell a record 2.2 percent in July from a year earlier, with weak demand playing a growing role in pushing the world's No. 2 economy deeper into deflation.

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The premium I paid for the October calls will be negligible if we keep getting deflationary numbers like this.

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