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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?
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To: borb who wrote (2037)8/31/1999 1:05:00 PM
From: Professor Dotcomm  Read Replies (2) of 3902
 
A bit of all three. How can you analyze or calculate the new mood in Japan towards better financial disclosure and the moving away from investing in 'sister' companies?

I should be eating my words of yesterday but, paradoxically, the steep fall off last night justified some of what I said as it was prompted by sell offs in the internationals such as Sony and there was comment that the weakness was prompted by nervousness that a brake in the US economy would lead to lower sales of Japanese goods in the US.

Yes, the yen in the 107-112 range seems probable at this time. I would not like to see it below 105.
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