A little consolidation here makes a nice cup and handle. RSX.
Seems like a low risk with other countries being near the tops of their ranges.
I am currently overweight basic materials, ie. Russia, KOL, BCF, CF, etc. Russia, Australia, and Canada are basic material weighted indexes.
If Japan is really going to be a bull, the basic materials need to be addressed. This is my basic sector forecast. Something needs to move within those parameters.
I had a great ride in Japan. Still own some.