Just how spooked are Japanese investors now? Nikkei rebounds 10.3% today

Ok, so the Nikkei 225 has rebounded by more than 3,000 points today and closed 10.3% higher just now, at 34,675. The close comes as the Japanese MOF and BOJ are currently gathered around a table to discuss recent, almost unprecedented events and price action in the stock market and the currency. It remains to be seen what will emerge from that meeting. Meantime, it has just been confirmed to me, from contacts in Tokyo; that the past couple of days was as suspected and the losses across Japanese retail investors have been significant, with margin calls being triggered all over the place.Today has seen survivors of that cull remerge to buy the dip and re-engage. The acid test for this will be what transpires over the next 24 hours and whether or not this rebound will hold and extend. We shall see as we wait to here what exactly Japanese authorities have to say on the subject