We predicted that Nikkei has bottomed around 12800. Anything below that is an opportunity to scoop up Japanese stocks. Indeed recently, it has been bouncing off this figure.
We think that it will travel between this range for at least 6-9 months, from 12800 to 16000. Long time ahead for the breakout to occur. But patience is the key. If u buy japanese stocks now, u may be buying the bottom just like George Soros who recently declared to buy Japan stocks and short the Yen. Just wait.
Rgds
Daniel
