Japan out of Favor

Saturday, October 14, 2006
By Faisal Laljee
Back on March 8th, I recommended Japan. I was wrong on this one, and the ETF I recommended (EWJ), went down with the rest of the market this year after having rallied almost 50% 12 months prior to my buy recommendation. The Japanese ETF has finally come back with the rest of the market since July and I recommend closing out this position. I believe Japan is overdone and there are better opportunities elsewhere.
 
– Faisal Laljee

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