Quote from $CostAverageMAN:
11-30-06 01:05 PM
buy with the prayer of a JAPAN rebound....
BUY---- NIS, MTU, HIT, SNE, MC, NMR, KUB, NIPNY, IX, MLEA, TMIC, WACLY, NSANY, DCM, TDK, NTT
AND THIS years good ones KYO, KNM, TM, HMC, FUJIY, CAJ
This is horrible advice, but I thought it would be funny for old Stock Trader.....Be the Contrarian and play around with thinly traded Japanese ADR's...
That's my best guess of a buy and hold strategy for 2007-----I doubt many even thought about something this outside the norm....
It could work and if the dollar begins to show some strength you could get a nice bounce in the Nikkei.....
$COSTAverageMAN
Not bad advice considering the Nikkei just closed at an 7 yr high
If you picked the proper stocks you would have close to your 15%...
$COSTAverageMAN
They never take the best advice...why?? I'll never understand the logic.
