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: Crossy who wrote (3439)	8/25/2003 4:58:30 PM
From: James Strauss	Read Replies (1) of 3902

Crossy: Thanks for the sidklein.com link... Perhaps this is most revealing from the comments there: ""There are now 16 consecutive months of net in-flow into Japanese investment trusts (mutual funds). Moreover, there are now 3 consecutive months of equity investment trust valuation increases, as the Nikkei index has finally joined the party. "" A rising yen, up to a point, is bullish for the Nikkei... Too much appreciation would hurt their exports... It will be interesting to see the U.S./Japanese central bank collaboration to keep the dollar/yen relationship just right... Jim

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