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August 2, 2002


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Sell EWJ
August 2, 2002
DG - the place to be
July 26, 2002
Good News Remains
July 19, 2002
ITRU Up 61%
July 12, 2002
More Gains
July 5, 2002
ITRU Up 53% in 11 Days
June 28, 2002
ITRU Up 36% in Nine Days
June 26, 2002
IBN Remains a Hold
June 14, 2002
Gold in the Markets
June 7, 2002

WINK—Sell it for 52% Profits
May 31, 2002

South African Breweries Update
May 24, 2002

Holds and Sells
May 17, 2002

IC now IBN
May 10, 2002

59% Gains, 10 Days
May 3, 2002

WINK up 8%
April 26, 2002





 

 

Sell EWJ

by Ian L. Cooper

It’s time to bail on Chris DeHaemer’s Ishares Japan (EWJ:AMEX) play. It has fallen through its support levels and looks to be headed lower to US$7. At that level, we may look to buy into it again. This was an attempt to play the Japan bounce that wasn’t. It does not help that if fell 4% below its 13-day EMA, or 7% below its 50-day EMA. As of now, it’s not looking good, but as I said, we’ll look to get back in at a later date.

 


 

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