Today it will open deep.red but rebound and recoup large part of the losses.
LONG at open!
![[Image: cDVabLq.jpeg]](https://i.imgur.com/cDVabLq.jpeg)
The full story below:
While short term traders are in a panic, ask yourself why all this is happening:
1. Yen fall vs US$ was starting to cause inflation in Japan.
2. The BoJ tried to boost Yen by buying in open market. US$ was too strong and US rates remain high.
3. BoJ sudden raise interest rates and US economy sudden shows recessionary trend. Yen rocket up like no tomorrow.
4. This cause world.wide.unwinding of Yen carry trade, Nasdaq plunge S&P500 plunge.
But the other side is this
1. About 2 yrs ago, Buffett revealed he invested in some Japanese stocks because they were cashflow machines. And over he will keep them long even after his death.
2. This open a gold mine that remain undiscovered till then. Despite a weak economy Japan had great stocks with cash piles.
3. Last yr japanese initiated major corporate reforms of historic nature leading to unlocking of equity wealth.
4. This cause Nikkei to recover to its previous 30yr highs.
The above is a fundamental multi decade shift. Many miss the boat and are looking for an entry.
This large and sudden pull back will offer a good entry...especially today during which very big long term funds can buy in big volume when panic selling starts at the open.
![[Image: oN7P7ct.jpeg]](https://i.imgur.com/oN7P7ct.jpeg)
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.