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: Julius Wong who wrote (3549)	11/4/2003 10:57:44 AM
From: jeffersonkeith	Read Replies (2) of 3902

Do you follow PnF as well? if so, your read would be appreciated. I'm going to cash in here and stand on the sidelines and see if the Nikkei can make a new high. Lots of overlap in here and it looks tired on the weekly but if it does launch from here, meaning make a new high, 12000 looks like a gimme. Also, the million dollar question remains, will we see a disconnect from the American market or does everything circle the bowl once we get our 10k party. The thing for me is that the monthly still looks like it has lots of legs and if the past two rallies from 95 an 98 can offer any insight, which I think they can, 14000 would be a potential target. However, because IMO the US markets are headed for some more down there would have to be a disconnect such as there was in the early 90's. Too many ifs for me right now, gonna watch and wait for a break. Cheers!

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