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Strategies & Market Trends : EWJ : ISHARES MSCI JAPAN INDEX FD (AMEX)
EWJ 83.200.0%Oct 30 4:00 PM EDT

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To: Clappy who wrote (3)3/4/2002 5:59:14 PM
From: Mannie  Read Replies (1) of 25
 
Hey Clappy..

Japan has severely cut back on short sellers. I think this rally is short covering. Not allowing short sellers seems as if it will cut back on liquidity in their market, and they certainly will not see market drops moderated by short covering......I think this is very bad for their market. They are being short sighted again, avoiding the true problems that exist in their markets and putting off again their day of reckoning.....and again intensifying the effects on their economy.

Whacha think?
Scott
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