Thursday, March 17, 2011

ALL IS SAVED "Japan stocks jump on G7 Pledge"

Only 1,600 points to get back to where it was...but they're JUMPING...hoorah for a cheaper Yen.....
NEW YORK (CNNMoney) --" Stocks in disaster-stricken Japan opened higher Friday after finance ministers from the Group of Seven nations announced a coordinated intervention in the currency market to prevent the yen from rising further.

The Nikkei 225 index, the most prominent measure of stocks traded in Tokyo, climbed 260 points, or 2.9%, shortly after the market opened. The Hang Seng gained 0.5%, while the Shanghai Composite was flat."

Hey nothing like some good old intervention to fix would this plan light a US $ rally?


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