September 01, 2003

Good News for EWJ

Yes, Japan has its share of bad debt problems and horrible central banking. But there is SOME good news coming out. And with EWJ up 10% since we bought it, it may be time to buy some options on JPN, perhaps to hedge on the downside. More to follow Reuters | Latest Financial News / Full News Coverage: "Other speculation also emerged Japan may be letting the yen rise more than before as recent data have shown surprise improvement in the world's second largest economy. Tokyo stocks rose more than three percent on Monday on optimism about a recovery, their highest since July 2002."


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