iShares MSCI Japan Index (EWJ)

All Comments on EWJ

  • commenter
    Jul 08 12:00 PM
    Global Market Performance: Nowhere to Hide [view article]
    Dear Gentlemen, when I see all this discussion about market, value, correction, bottom, peak, etc I am sad to see the most important word of all - that is "citeras paribus".

    I was thought that the words mean - "everything else being equal".
    I was told that all economic theories are based on "citeras paribus".

    That got me to panic and travel all around the world to see any country where economy was run based on that principle.
    Well guess what? Every country has hidden and sometimes not so hidden regulations to ensure that the economy is always "growing".

    No country, including the USA has a free market.
    Because of this manipulation of market, growth sometimes is artificially boosted. Look at the so called "Tiger" economies of South East Asia. These countries were artificially boosting their economy using borrowed money.

    USA has done the same for the last decade by issuing Bank Securities as collateral. The scheme went too far including creating non-existing high priced housing market to attract foreign money into USA.

    All this borrowing and artificially increased house value boosted the consumer economy.

    Now the time is for all this to collapse as it has happened before in all other countries.

    The bottom is yet to come. Because everyone who can afford is still holding on to their positions. The only way American Stock market can improve is to allow foreign takeover of American corporations.

    But the US Government will not allow it.

    This is exactly what happened in Korea with its Chaebols and Indonesian Conglomerates who refused to give up their ill gotten assets. Korea managed to destroy the power of Chaebols and recover its country. Indonesian could not.

    Which model will play out in USA is yet to be seen. Till then don;t bet my friends.
    Reply
  • commenter
    Jul 08 07:39 AM
    My Website
    The Nikkei Records Its 12th Consecutive Decline: No Plunge Protection Needed [view article]
    Why are so many saying to buy Japan? It looks bleak to me. Reply
  • commenter
    Jul 08 07:37 AM
    My Website
    How Much Longer Can Japan Fight Off Recession? [view article]
    Many market mavens are saying to buy Japan right now. Will they be proven wrong? Reply
  • commenter
    Jul 07 02:46 PM
    My Website
    Asset Allocation and the All ETF Portfolio [view article]
    It has been a year since I published this--so I wanted to check in. By my calculations, this portfolio is in the black for the 12-month period through June 08, and it has exhibited much lower volatility than the S&P500--as it was designed to. One year is too little time to judge a portfolio, but a down market is a great stress test... Reply
  • commenter
    Jul 07 05:44 AM
    Global Market Performance: Nowhere to Hide [view article]
    good article with valid conclusions, but: the indices, more than ever hide the true picture. most stocks have lost way more from their highs than the averages suggest. if it were not for a few sectors like oil, gas, energy, certain ITs, agriculture and other commodity related stuff then the averages would have been down way, way more.
    the point i want to make is that the downside in many individual stocks is rather limited from here (beyond panic-induced short-term spikes down), short interest is sky high for many stocks (even if accounting for a growing number of long-short funds) and the SEC's naked short regulations have achieved the well to be expected zero-effect so far with stocks being on the regshoe-list for many months experiencing ever higher short ratios - something that certainly is a clear sign of manipulation and no-enforcment of rules.
    bottom line: at one point a lot of stocks will stop falling down and go up rather sharply, triggered in all likelihood by a drop in oil prices. which, in turn will bring the so far strong performing sectors sharply down, even if just temporarily. the effect will be a subdues rally in the indexes but a quite sharp one in certain sectors.
    Reply
  • commenter
    Jul 06 11:07 PM
    International ETF Update: Japan, China, Australia [view article]
    The way to play the decline in FXI is ProShares FXP. It is my judgment that FXI is headed to $60, down from the 120-130 range during the next month. FXP is headed to $200. (FXP is 2:1 inverse of FXI)

    The bubble has burst in China... Europe, Asia and USA are all heading to a slowdown that popped the bubble. I expect the people are beginning to feel like Japan in 1990 when their market began declining from a high of 40,000 and went down to 10,000 over very long period before finally going back to 20,000 and now back to 13,000. The China markets are down 60% so far, but have not seen anything yet.

    Can you imagine all the bad luck that China has faced this year?

    Worst Blizzard in 50 years

    Worst Earthquake in 54 years

    Worst flooding in ___ years

    Highest Fuel prices ever, Plane fares ^^^ higher

    The earthquake has affected the preparations for the Olympics, reducing profit potential.

    Olympics will be a huge disaster, very hot and muggy. Taxis will be tangled in huge traffic jams, tourist will hate it.

    Just learned that there is a problem of Algae in waterways planned for Olympic boating events. 10,000 workers are now clearing the river.

    Also learned they are expecting locust, 35,000 workers from Outer Mongolia have been hired to try to do something about the problem. How do you fix this?

    I wonder if the Chinese are beginning to feel like ancient Egypt when Moses asked the Pharaoh to "Let my People Go." The Nile filled with blood, fish died and began to stink and they had to dig wells as the water was too bad to drink, then came frogs, gnats, flies, livestock died, they all got boils, hail storms, locust, total darkness for 3 days and then death of firstborn?

    I WISH THIS KIND OF BAD LUCK WOULD GO ON OPEC's HEADS DUE TO THEIR CONSPIRACY TO DESTROY THE WESTERN WORLD'S ECONOMIES. I REALLY BELIEVE THAT IS THEIR GOAL.

    ARABS/MUSLIMS COULD NOT DEFEAT US WITH 9/11 OR MILITARILY, BUT THEY CAN BREAK OUR ECONOMIES AND BANKRUPT THE USA. SOUND IMPOSSIBLE? THINK ABOUT WHAT WILL HAPPEN WHEN WE RAISE TAXES TO PAY FOR GLOBAL WARMING AND TO TAKE ALL THE WEALTH FROM THE RICH WHEN WE ELECT OBAMA PRESIDENT. WOW, THAT SCARES ME REALLY BAD. WE COULD NOT MAKE IT ANY EASIER FOR OPEC THAN TO ELECT HUSANE OBAMA PRESIDENT. WHAT TO DO?
    Reply
  • commenter
    Jul 06 03:51 PM
    Global Market Performance: Nowhere to Hide [view article]
    Maybe you should look closer to home than far away and smaller Australia i.e. Canada! Reply
  • commenter
    Jul 06 03:49 PM
    Global Market Performance: Nowhere to Hide [view article]
    I know you know I meant to say "course", even if cursed it is! Reply
  • commenter
    Jul 06 03:45 PM
    Global Market Performance: Nowhere to Hide [view article]
    So then, ultimately the credit is extended to doomsayers.
    That being so, the market may never correct upwards as generally desired. This being so, the process is not and never was a gamble. The general public continues to rely on conditional snippits of info and the big dogs continue to playout their strategies.

    Well researched estimations we may trust concerned observers to offer if so inclined. But ultimately, when XYZ desires to corner a given market utilizing disposable fronts-we are mostly left as bit players in that charade. Just like Bear Sterns. You know, I actually thought there was something unholy involved in that event. It seemed that unheard of, oh
    the lamentations. In at 2 and out at 30, by now I could have stuffed tt in all my bill collectors mouths.

    But the truth is, it is a gamble. Even when it appears
    to be relaying the facts. Of curse the whole world can end at any time, but in hindsight (We're always forced to look at "In The Mean Time") as having been the real issue. Therefore my present strategy has been modified to simplistic terms. "Keep an eye on the food chain (whats eating who and who'se eating what), then place your bets accordingly". That is, assuming you entertain the notion of survival!
    Reply
  • commenter
    Jul 06 03:39 PM
    My Website
    Global Market Performance: Nowhere to Hide [view article]
    In June of 2007 I could see this as a perfect economic storm, the oil spike/shock has certainly added a negative twist. Five years till the next bull market and we will be fortunate now to avoid depression like conditions, albeit they would be short-lived. Will Washington get it's head out of it's ass now? That sure would help some, specifically on energy policy. Reply
  • commenter
    Jul 06 03:12 PM
    Global Market Performance: Nowhere to Hide [view article]
    why talking about coupling/decoupling mating/demating??? it is simple return to reality from overly optimistic expectations around the world. still all markets seem quite overpriced. Reply
  • commenter
    Jul 06 12:33 PM
    Global Market Performance: Nowhere to Hide [view article]
    China and US are now sitting in the same boat, except that China has taken up the most cyclical sector of the US industry, namely the manufacturing of consumer-discretionary products.

    In case you don't know, China's own housing bubble has just burst. Only Shanghai's inner city is still holding up.
    Reply
  • commenter
    Jul 06 12:02 PM
    Global Market Performance: Nowhere to Hide [view article]
    Excellent cautionary article... The fleeting rewards offered by a temporary bounce pale in comparison to the risks of a crash, which history shows us can be born out of extremely oversold conditions! Reply
  • commenter
    Jul 06 11:51 AM
    Global Market Performance: Nowhere to Hide [view article]
    Dear Hue101,

    Your EWZ has a good chance of bouncing here, as it just tagged its 200 day moving average. Target might be the fifty day MA, about 10 pints up. Then probably down again. Big inflation in Brazil & rest of SA, with increasing interest rates - never propitious for stocks. EWZ has also been underperforming the DJ Wilshire 5000 since late may.

    Best,
    Seamus O'Bannion.
    Reply
  • commenter
    Jul 06 11:26 AM
    Global Market Performance: Nowhere to Hide [view article]
    ???? Guess its going to be a long season .. holding on to an ETF called EWZ.. ahhhhh and just to think.. my chances doubled in that play.. a good lesson I have learned...
    Reply

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