Monday, May 27, 2013

Sell-Off Is Clear ‘Warning Shot’ for Nikkei

Japanese equities emerged as major laggards in the region on Monday, falling as much as 4 percent after a volatile previous week, raising questions over where the world's top performing market is headed next.
While optimism among Japan bulls appears to be largely intact since last week's sell-off, Kingsley Jones, founder and chief investment officer at investment advisory Jevons Global believes it's time to be "really cautious" on this market. Jones added that he is considering turning short on Japanese equities "in a little while."

http://www.cnbc.com/id/100767606?__source=yahoo|finance|headline|headline|story&par=yahoo&doc=100767606|Sell-Off%20Is%20Clear%20%27Warnin 

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