Monday, January 14, 2013

Shanghai, Nikkei: Sweet Moves

Not like the First Round Capital sweet moves:


HT: WIF

I'm talking about real sweet moves: Nikkei 225 up 1.4% overnight, Shanghai up 3.06%.

We have a lot of posts on these two, usually along the lines of "With the Shanghai Composite up 16.5% From the Lows, How High Can it Fly" and "Japan's Nikkei is In the Early Stages of an Historic Move" or ""No typo: Analyst sets Nikkei 63 million target" (it's Société Générale's Dylan Grice)".

Measured, calm, deliberate.

Actually we were late getting to the Japan story, screwing around until the Abe victory before realizing how big the move would be. On Shanghai we were there within a day or so of the turn.