> I think Japan is leading the world stock markets into a bear market.
Heh, I was right. I posted that in November 2007. Since that post, the Nikkei proceeded to fall 50%.
Let's try to make it two for two.
It's now November 2016 and the Nikkei is at 17,170
Japan is looking technically weak. Additionally, there are huge fund outflows from EWJ to the tune of 30% redemptions since earlier this year. Institution money is dumping EWJ like crazy even though EWJ is near its highs.
I forecast the start of another bear market and think if you're in EWJ, you should get out. Follow the institutional crowd, they are dumping like there's no tomorrow