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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?
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To: Step1 who wrote (2129)11/8/1999 11:05:00 AM
From: Professor Dotcomm  Read Replies (1) of 3902
 
You shouldn't be sorry. You raised some good points and it really is a thought provoking landscape out there.

I now hear that talks are resurfacing about clipping two zeroes off the Yen - this would bring it to approximate parity to the Euro and the greenback. This could mean that the Japanese have a mental target of 100 yen to the dollar to which they have to adjust to.

Asset bubbles once burst are the worst things to climb out of. Perhaps the Japanese are providing precedents to other countries who find themselves in the same predicament.
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