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Thread: Would Japan be the first central bank to lose control?

  1. #1
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    Default Would Japan be the first central bank to lose control?

    Is this profit taking or signal that BOJ is now losing control? Friday close will be very key ... whether it will confirm the 7% plunge as the SIGNAL of REVERSAL

    Ride at your own risk !!!

  2. #2
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    Volume was very high (was it record high??) for that 7% plunge

    To set the context, it looks like a profit taking (10k to 15k = 50% gain in months) but who knows whether this market has legs or not



    let's watch out for today's volume and closing mark
    Ride at your own risk !!!

  3. #3
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    Japanese fund house is moving Yen out.

  4. #4
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    Looks like going to close slightly positive so must wait for next week
    Ride at your own risk !!!

  5. #5
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    closed at +0.9% already right?

    wild swing of + 500 then 1000 point fall to -500 then back to close at +128. phew.

    Quote Originally Posted by phantom_opera
    Looks like going to close slightly positive so must wait for next week

  6. #6
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    An interesting comment on japan:

    InFeynmanItrust wrote:
    April 9, 2013 at 5:09 AM
    The smartest kid in the class has now decided to imitate the dumbest. The kids have fooled the parent into believing D's are superior to A's. Homo Sapiens.


    Japan is having a luxurious last meal before execution (or harakiri). No more industrial revolution, no more energy revolution, no more food production revolution, no more technology revolution.

  7. #7
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    Quote Originally Posted by bargain hunter
    closed at +0.9% already right?

    wild swing of + 500 then 1000 point fall to -500 then back to close at +128. phew.
    we need another high volume 3 to 4pc down day next week to confirm, if next week stable then should be fine
    Ride at your own risk !!!

  8. #8
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    Is this the "C" which ah tan is waiting for?

    Talks among the property people say next year correction of property may come, but anyway they have been talking for many years.

    Famous quote, "What do you think?"

  9. #9
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    Japan is another dead cat just like England.. No matter what they do, they will not be able to come back... A wolf trying to act like a lion. The lion may be sick sometimes and let the wolf bully.. But a wolf is always a wolf and will be easily beaten when the lion are healthy..

  10. #10
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    Quote Originally Posted by phantom_opera
    we need another high volume 3 to 4pc down day next week to confirm, if next week stable then should be fine
    I was very tempted to buy in yesterday but decided against it due to the long weekend

    It looks likely next week is going to be weak
    When you have eliminate the impossible, whatever remains, however improbable, must be the truth

  11. #11
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    Quote Originally Posted by indomie
    An interesting comment on japan:

    InFeynmanItrust wrote:
    April 9, 2013 at 5:09 AM
    The smartest kid in the class has now decided to imitate the dumbest. The kids have fooled the parent into believing D's are superior to A's. Homo Sapiens.


    Japan is having a luxurious last meal before execution (or harakiri). No more industrial revolution, no more energy revolution, no more food production revolution, no more technology revolution.
    I agree. Looking at the new Toyota models, somehow there is no motivation for me to buy the same brand again. E.g. Some new models in Toyota have essentially the same engines as 6-7 years ago.

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