JAPAN-Nikkei-Time to go back up? Message Board

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

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To: Professor Dotcomm who wrote (1959)	7/10/1999 10:16:00 AM
From: Step1	Read Replies (2) of 3902

>>Any weakness that could break in internet stocks in the US could yet push the index back towards 17-17250 levels.<< at which point I would crack open a good bottle of wine and celebrate. It still doesnt belong back where it is. If you look the comments on the nikkei lately, a good majority of them implies that foreigners (ie foreign investment brokers, funds and banks) are net buyers of J stocks. Where does the money come from??? Distribution in the US market I say... Besides, the odds of the yen carry trade exploding and catapulting the value of the yen back to 108 or more are still pretty good, long term, how strong can the USD stay? BWDIK sg

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