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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Jon Koplik who wrote (5899)4/1/2002 3:13:26 AM
From: macavity   of 33421
 
Japan again.


..From a Japanese bank manager's perspective, taking
deposits is becoming a less and less attractive proposition, even at infinitesimal interest rates..


I doubt they have any money to give back anyway.

The catch is I am relatively bullish the Japanese stocks (long-term - 12 mths).
The Nikkei is near to a bullish cross in Monthly PPO-Histogram.

I guess foreigners will like stocks if they see the economy falling apart. And as I keep on reminding myself, the stock market is not the economy, they pretty much do their own things.

-macavity

OT: just got myself a 3G wireless modem for my laptop. It is the only country in the world where you can do this. It is an 'always-on' connection that I can use all around Japan (supposedly), that is until the company supplying it goes bankrupt - it is cheaper than the NTT fixed line connection! Strange economics, strange country!
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