"At some stage (maybe even now), Japan will be one of the great short term shorts of this decade so far. I think its been green for 9 weeks straight now."
Every index will be a great short term short multiple times going forward, my friend.
This has never been the problem.
The problem is "when".
Those who went short Nikkei after 7 weeks lost money.
Those who went short Nikkei after 8 weeks lost money.
Those who went short Nikkei after 9 weeks lost money.
Eventually, someone willtime it correctlyfluke it and make money.
PS. We never seem to hear from those guys who rode the 9-week upswing from 27,000 to 32,000.
Indices 05/06, page-120
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Last
7,822.3 |
Change
-9.500(0.12%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,831.8 | 7,831.8 | 7,807.7 |
| XJO (ASX) Chart |