Japan's Topix Falls 20% From 2007 High, Signaling Bear Market

[S2007S]

Quote from Longhorns:

On Wednesday's close I bought DXJLX (Direxion Japan 2X Bull).

This market looks way oversold.

Also, if the emerging markets keep getting hit, I think alot of the Asian money will flock to "relative safety" in Japan.

'


I'm looking at the DIREXION nasdaq 2.5X ultrabull in about 1-2 months time, think I may be able to buy under 10 bucks for the long term.

 

[ASusilovic]

Quote from nazzdack:

An option strategy?.........In times like this?.....?.....??......!......I got it!! Try to sell stock index put options for a premium that is larger than the strike price. You can't miss.

 

[wutangfinancial]

I'm long Japan in my very long term holdings (IRA)...I figure that there is going to be a positive black swan at some point, with all negative sentiment factored in.