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WisdomTree Japan Hedged Equity Message Board

  • chairman1600 chairman1600 Jun 3, 2013 9:29 AM Flag

    Bought another trench DXJ 45.44 pre market

    Nikkei at strong support above 13000. At the bottom of first consolidation zone post April 4 gap up. Yen near 100. JGB yield dropped to 0.805 as Kuroda buys more with increasing frequency. June could be a good month. Overnight nikkei future tested 13100, bounced off low indicate hedge fund attack or yen carry trade unwind not going on at this price. I'd give the bounce a chance.
    Currency traders believe yen will test 99 , that is a negative.

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DXJ
49.79-0.18(-0.36%)11:42 AMEDT

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