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They say that patience is a virtue, and it likely is, but when it comes to the markets, patience is usually a necessity.On January 23, amidst all the "Abenomic" hysteria, we wrote an article entitled, " Is it Time to Buy the Yen?"   In that article we highlighted the extremely bearish sentiment that accompanied a quickly falling Yen and rising Japanese stock market, but the key to that sentiment trade (as with all sentiment trades) was to wait for the technical trend to change before jumping on the eventual Yen bottom.   In our ETF Technical Forecast published 12/30 we brought attention to the setup: "The Yen's sentiment is out of control and hit a 5 year low this past week.  The previous similar bearish sentiment extreme occurred at the March 2012 price low of $117 on the FXY (NYSEARCA:FXY) .  We can see in the charts that prices eventually bottomed on that sentiment extreme in March 2012 and rallied $10.  The key is to wait for the technicals to confirm."   Are Investors Still Extrem...

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