Japanese investors sold 2.2 TRILLION YEN worth of Foreign Bonds LAST WEEK

"@W7VOA: Nikkei: #Japan investors sold JPY 2.2 trillion worth of medium/long term foreign bonds last week, fazed by U.S. budget impasse. [link to mobile.bloomberg.com] In Japan, investors sold 2.2 trillion yen ($22.5 billion) of foreign bonds in the week ended Oct. 4, the most on record, according to figures released by the Ministry of Finance in Tokyo. The report didn’t reveal the amount of Treasuries sold by the Japanese bondholders.
For Mark Luschini, chief investment strategist for Janney Montgomery Scott LLC in Philadelphia, the dip in stock prices may become a chance to increase his ownership of U.S. equities.
“Where we are holding significant cash we have been nibbling,” Luschini said in an e-mail response to questions on Oct. 9. He added to his equity positions as the S&P 500 fell to 1,660 and “we will buy more aggressively if we near 1,600, all things being equal.”
VIX Options
Investors who are concerned about a default should use an options strategy known as a collar on their largest or most volatile equity holdings, according to Randy Frederick, managing director of active trading and derivatives at Charles Schwab Corp. in Austin, Texas. To implement the trade, investors buy a put, or option to sell, with an exercise price below the current stock level, financed by selling call options with a higher strike price.
Randall Warren, chief investment officer

Last Edited by Uncle Fuck Stick on 10/13/2013 10:11 PM