Friday, May 24, 2013

Warning Signs: What Investors Missed Ahead of ‘Brutal’ Nikkei Sell-Off

Warning Signs: What Investors Missed Ahead of ‘Brutal’ Nikkei Sell-Off: ""The Mothers Index started misbehaving on the eighth and then fell even further on the fourteenth. It is a very volatile index so a 10 percent fall isn't headline news, but the two falls in quick succession looked more meaningful," he said.

"We scaled back our overweight when we saw the Mothers Index selling off quite dramatically. We still like Japan, but we are a bit more cautious. Those sorts of rallies are unsustainable," he said."

'via Blog this'

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