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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?

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To: Julius Wong who wrote (3604)1/5/2004 2:02:41 PM
From: Crimson Ghost  Read Replies (2) of 3902
 
FJPNX is the Fidelity Japan Fund.

Looks like your friends should have been buying Japanese stocks, The Nikkei still is well behind most other world indexes this year and hugely behind on a longer-term basis. An explosive catch-up rally is a good possibility IMHO. I would not rule out Nikkei 14,000 before too long. Watch out above if the Nikkei decisively penetrates the October high around 11,100.
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