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steven poser wrote:
>
> Michael - The Nikkei that trades in the US has no night trading hours
> because there is a contract in Japan and Singapore which is denominated
> in yen, meaning you have currency risk too.
>
> Steve Poser
Thank you Steven. I find this interesting, becuase the Japanese stock
market and the Yen are very highly correlated. Have you traded this
market??? I would like to know, for example, today the Japanese stock
market was down around 75 bp's but the Yen tanked again. If I were
short the Nikkei on Simex, what would my bp profit be in dollars???
If the Nikkei is a good short canidate, it is becuase of the falling
yen. Will shorting the Nikkei on Simex profits be offset by a falling
yen when converted back into dollars?????
MM
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