anyone seeing what I am seeing on Nikkei?

Quote from jasonjm:
----14700 break....
----abenomics....
----inflation....
----juicy short!
More...
1) ? ..... you're really bearish? :confused: :D
2) You have to expect a large "bounce" off that trendline on the "first touch" of it. The "early bears" will get stopped out on an "expected rally" up to the previous highs. :p :eek:
 
Yeah I'm bearish Japan.

Would wait for trend line to be broken on weekly close.

Would buy usdjpy 3 month calls to stop getting whipsawed out of position

The higher it goes the better I hope it takes years but it wont. The fall will be bigger.

Japan has no outcome besides deflation. Fastest shrinking population and aging population in the world. And xenophobic for the cherry on top.
 
We all have our own views. Mine are we hit 20k on Nikkei by end of March.

Views are fun, but don't mean anything. Concentrate on making money.
 
Like I said the higher the better. It very well could go to 20000 by March. But my trade is the trend line break.

Everyone and their mom are long nikkei short jpy.
 
Don't really understand your trade. Are u short and waiting for it to hit 14700? Or waiting for 14700 to break, then you'll go short?
 
so much for waiting years. Its already right back at that trendline, within 100 - 150 points. and there is a horizontal support at same area now from jul sept and oct tops

surely it must test it.

and yes I am waiting to go short
 
jasonjm said:
so much for waiting years. Its already right back at that trendline, within 100 - 150 points. and there is a horizontal support at same area now from jul sept and oct tops

surely it must test it.

and yes I am waiting to go short
More...

You're going to get squeezed at your own peril.
 
jasonjm said:
so much for waiting years. Its already right back at that trendline, within 100 - 150 points. and there is a horizontal support at same area now from jul sept and oct tops

surely it must test it.

and yes I am waiting to go short
More...

One thing is what is written, another what a person reads.
 
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