Sold my Jun '08 long on AUD/JPY at 92.49, for basically flat P+L. I figure I was down about 3.5 points just the other day, the best part of $10,000, so f*ck it I'll unwind the trade following the monster rally of the last 2 days and look to pick it up lower. Might never happen, but I'm willing to be patient. I don't think we've seen a bottom in equities by a long-shot, so the great unwind and the Yen rally could easily reappear, not that I really agree with the rationale for Yen strength, why would you want to invest in an economy that has had stagnant growth and equity prices for nearly two decades???