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Wednesday, March 16, 2011

Hard Times Investing Update 3/16/2011


Many pundits are blathering that it is time to “buy the bad news,” waving their buy recommendations for ETFs covering Japan.

I’m game, but not anywhere near current prices. EWJ looks attractive to me only at or below $8.00 and JOF at or below $6.00, and I would only do one or two round lots of each. The Japanese people will overcome this series of tragedies, but hard times will be their norm for quite some time.

DISCLAIMER: This blog entry is NOT financial advice, or a recommendation to buy any stock or sector.


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