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Japanese stocks move higher yet again today as the yen eased back down to 2009 levels and pushed...

Japanese stocks move higher yet again today as the yen eased back down to 2009 levels and pushed the Nikkei Average up 1.1% to 12,100. Exporters lead the gains: Olympus Corp. JP:7733 +1.00% (OCPNY.PK +3.4%), Toshiba (TOSYY.PK +2.3%), Nintendo (NTDOY.PK +4.7%, Advantest (ATE +3.3%), and Mazda (MZDAY.PK +4.4%).
Comments (2)
  • Chris DeMuth Jr.
    , contributor
    Comments (4040) | Send Message
     
    It is incredible how cheap the Japanese equity market is while the Japanese currency is so expensive. DXJ is one way to take advantage of both at the same time. Here's another tactic:

     

    http://seekingalpha.co...
    7 Mar 2013, 08:14 PM Reply Like
  • 1980XLS-2.0
    , contributor
    Comments (525) | Send Message
     
    3% per day?

     

    That would require how much GDP growth after compounding?

     

    This will end ugly.
    8 Mar 2013, 03:35 AM Reply Like
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