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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?

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To: Don Green who wrote (2198)1/10/2000 12:06:00 PM
From: borb   of 3902
 
CORRECTION WAS NEEDED

Most players in Japan said last week's losses were part of a temporary and necessary correction after buying concentrated heavily in high-tech shares over the past few months.

``Some infotech stocks like Fujitsu have finally hit their 25-day moving averages, and are now ready to make a comeback,' said Hiroichi Nishi, deputy general manager at Nikko Securities.
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