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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	6/12/2001 2:16:15 AM
From: velociraptor_	Read Replies (2) of 37746

Note about Japan and the Nikkei.... Recent rise from 11,800 to 14,500 has reversed and has so far retraced past 38% and 50%. Last battle ground for hope is the 12,830 mark which is the 62% retrace. Watch to see if this holds. If not, probably heading for new lows as world wide recession keeps slowly building. Japan is ready to enter its 4th recession in a decade. Interest rates are practically at zero and the governement has already spent loads of money to help prop things up. Japan could be the thorn in everyone's side.

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