This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford
Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj
Tuesday, 9 April 2013
FJV
this used to be mainly in smaller Jap companies and I assume it still
is....major breakout (priced in sterling) My only caveat is that half
the high is major resistance level but I think it will break
Interesting that the move started 7 years from the high
It is also interesting how correlated their stock market "rally" is with the yen's collapse.
ReplyDeleteGregInBaltimore
well absolutely,this is a "reflation" trade (Japanese real estate stocks have doubled) and the currency is the other side of the coin
ReplyDelete