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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?
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To: Tom who wrote (437)11/18/1997 9:45:00 AM
From: chirodoc  Read Replies (1) of 3902
 
<<<<<<What's wrong w/ this picture?

.....nothing--the mother of all dead cat bounces.

.......i have maintained this position for a long time and will not change it until i have seen some proof of a turnaround.

........in almost all situations like this where consumers are depressed--tax cuts get them spending.

........and when business is saddled with arcane, inefficient rules, deregulation is one of the few answers.

.......without these changes japan will slowly recover in fits and starts and not present a good investment picture until recovery is well under way.
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