Nikkei 225 New Bull Market

[Subdude]

Quote from 22andrich:

That is just flat out wrong. Nikkei 225 is much more correlated with US 10-year note yields than ES.

Japanese banks are packing real savings and not a bunch of trashed asset-backed securities. They have among the lowest inflation of the industrialized countries. Their econ numbers have been upside surprising with increasing frequency over the past few months. They are extremely energy efficient.

Good luck, schmucks.

Their inflation is relatively low is because their economy overall is in the shitter and will be there for the foreseeable future. Speaking of inflation - out of the last 6 Tokyo Core CPY y/y inflation numbers 4 came in as surprise to the upside, 1 to downside and 1 as expected. The June figure was 1.3% vs 1.1% expected. The trend is up, not down.

Good luck to you though (I don't need any since I have no actual position here).

 

[22andrich]

Oh gee inflation at 1%, oh my!

Who gives a flying sushi?

 

[Subdude]

So, you got in at 12940, huh? Nice one.

http://www.nni.nikkei.co.jp/CF/FR/MKJ/

 

[Bogan7]

I think that twat could be a great contrary indicator I hope he comes here often

12760 offered beautiful

 

[ESTRADERZ]

Quote from 22andrich:

And guess who owns contracts at 12940. Talk shit. Say what you want.

I'll be back in 6 months to rub it in your faces.

12,580 last. -360.

 

[22andrich]

I said it was a bull market, not 2 down days which you fuckheads did a fantastic job of calling the bottom.

HAHAHAHAHAHAAHAHAHAHA

 

[Subdude]

Quote from 22andrich:

I said it was a bull market, not 2 down days which you fuckheads did a fantastic job of calling the bottom.

HAHAHAHAHAHAAHAHAHAHA

So what's your merit here, anyway? Might as well have bought Dow futures, dickhead - both are up roughly the same number of points since their respective "bottoms", except the Dow is up more in percentage terms. BTW, you might want to take profit here - this bounce is just about done.

 

[22andrich]

Good point, Subdude. But you're out of your mind if you can't see that the trend is up now. Look at the angle of ascent.

Either way, I'll be back in December or when the NIK breaks 14500.

 

[Subdude]

Fair enough. Although I don't see much point in holding on when you can just get out near the top and re-enter at a better price - like you could have done yesterday.

 

[Bogan7]

Quote from 22andrich:

I said it was a bull market, not 2 down days which you fuckheads did a fantastic job of calling the bottom.

HAHAHAHAHAHAAHAHAHAHA

Hey knobchops hope you are buying some more here