dogleg yarn

Thursday, December 27, 2012

Follow the ABE


further to my blog dated Nov 24

真是印多了???


持有日元部位者
唯有選擇 買入美元, 人民幣
or
買入YCS  (short Yen) 避開日元貶值
看YCS 漲勢很猛
如 FXY < 100  日元將再難回升, 日元資產面臨考驗







N225=Yen
EWJ=USD     almost equal
if you play EWJ 
 there is no such thing as a free lunch (according to Milton Friedman), a gain in equities is offset by a loss on the currency side.
Chart forNIKKEI 225 (^N225)


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