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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 668.73+1.5%Nov 24 4:00 PM EST
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To: danderso who wrote (21113)7/26/1999 10:56:00 AM
From: pater tenebrarum  Read Replies (1) of 99985
 
Dave, right now i would expect that a)the rising yen will cushion foreign investors from a fall in the Nikkei and b)once the Nikkei resumes it's upward path will enhance returns. there is still quite a bit of negative sentiment out there on Japan (witness PEI's recommendation to get out now), so i suppose Japan will surprise on the upside in the medium term. short term there may be a batch of weak economic data that may create a buying opportunity.

regards,

hb
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