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: borb who wrote (2171)	12/29/1999 4:48:00 PM
From: Professor Dotcomm	Read Replies (2) of 3902

Good question, Borb. The big issue here, I think, is whether Japan's ho hum stocks (which make up much of the Nikkei) will start to join in. Most mutual funds (or at least those who had alert management) were able to double in value over the last 12 months even though the Nikkei could only put on about 35%. So back to your question. I expect that during the course of 2000 some of these laggards will start to join the 'Nasdaq jet set' type of Japanese stocks and we shall see the Nikkei jolting up to the 25,000 - 30,000 area over the next 15 months. The sun is starting to rise again! (Written before the world famous cataclysm that historically hit Japan as Y2K problems raised their heads on January 1 and 2, 2000 - if you read your history books! (<g>)

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