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Strategies & Market Trends : Classic TA Workplace

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To: patron_anejo_por_favor who wrote (9874)8/12/2001 6:29:23 PM
From: skinowski  Read Replies (1) of 209892
 
I wouldn’t bet that the top in Nikkei was a '3'… A ‘5’ is more likely (I have no proof).

Maybe they wishfully hope for another round of exuberance… Who knows, I would like to see it happen… life is short, would be nice to see some more fireworks to the upside… But, unfortunately, it doesn’t seem to work this way. A bubble is a bubble. We’ll all have to pay our debts.

In either case, once they bottom, they should have a pretty exiting bullish move, and something along the lines of Japan Fund (EWJ) may serve as a decent off- road vehicle… ;-)
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