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The leverage in these along with rebalancing and management costs, plus the long-term upward trend in markets makes them poor performers over the long term. Easy red thumb points.
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For the short term, Japan will be in big trouble. 200% debt-to-GDP ratio and untold economic aftershocks - the earthquake was the tipping point in a declining economy. EWJ was far overbought in the past few days, and will reverse its trend soon.
Recs
Buy the dip, short the inverse.
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tmfeldrehed
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japan sucks, but an ultrashort etf with expense ratio at 0.95% and only accurate tracking for 1 day and drifting lower and lower with time is definitely NOT the way to do it.
Recs
tmfeldrehed
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