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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Doug R who wrote (21066)9/7/1998 1:36:00 PM
From: ChrisJP  Read Replies (1) of 79426
 
Hi Doug,

I think its easier to conclude that markets are likely to rebound after being oversold with no more negative news. Longer term trend is down unless Japan embarks on real reform in its banking system, cronyism, and stimulates domestic spending.

It's nice to have some technicals to confirm the gut feel <grin>.

Regards,
Chris
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