Greed & Fear – Thats all the Nikkei movements are this year !!
The last 5 months we have seen a BOOM in Japanese Equity and such sexy returns . Everyone forgot that things go up that fast they can go down the same way !
Yesterday erased $314 billion from the country’s
share value, amid optimism growth in company earnings and the
economy are intact
Yesterday the fear factor kicking in and it was ugly times ugly .
My view of investing is very very simple ,the market moves on :
Greed , Fear and black swans
I can see the Nikkei going much higher , 20/25 ,000 as a decent figure .
Stick to the fundamentals , yesterday was the perfect buying opportunity and yes I did , I filled my boots up and know I am out , profit is only profit when it’s in your pocket .
Buffett :
Be Fearful When Others Are Greedy and Greedy When Others Are Fearful
Happy Friday
Tony Evans
http://www.bloomberg.com/news/2013-05-24/asia-stocks-rise-as-japanese-shares-rebound-from-slump.html
Tony Evans - Tokyo 
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