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

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To: Professor Dotcomm who wrote (2003)8/4/1999 12:40:00 AM
From: Hawkmoon  Read Replies (1) of 3902
 
Nikkei getting hammered... down 279 as of this writing.

It will be interesting to see where they close this week.

The Yen is overvalued and with its fall goes the value of being in Japanese stocks.

What until you see a bottom form on the yen/dollar exchange rate.

Conversely, we should see a rally in US stock tomorrow or Thursday as Yen/dollar carry trades infuse more capital into the US markets.
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