Sell Alert
MAXIS Nikkei 225 Fund (NKY)
from Cabot China & Emerging Markets Report, recommended at $17 51 in Investment Digest issue 742, dated May 8, 2013.
Our patience has run out with Nikkei 225 Fund (NKY), which looks ragged. There’s still some support above 17, but it’s repeatedly run into resistance in the 17.5 to 18 area. If Japan kicks into gear again, we’ll be happy to jump back onboard, but we’d rather sell here and hold the cash. SELL.
Paul Goodwin, Cabot China & Emerging Markets Report, www.cabot.net, 978-745-5532, October 3, 2013