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Wednesday, 6 April 2011
Tuesday, 22 March 2011
Monday, 14 March 2011
Nikkei retraces its gains since breaking a multi year downtrend
The breakout seen here in Nov 2010 traces back to the highs of 2008 and beyond for Japanese stocks. As such, if we can stay above this downtrend line Im still quite bullish for a continued recovery in such an already lowly rated index.
The currency as the other half of this equation should prove much weaker going forward and longer term
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