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

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To: GROUND ZERO™ who wrote (609)12/23/1997 12:09:00 PM
From: Real Man  Read Replies (1) of 3902
 
You might be hurt pretty badly falling from -15 to -25. Japan has to
clear that bad debt. This might mean more financial institutions
going bankrupt. This should be bullish long term, but I doubt
people will react positively to it. Besides, the Yen is falling, and
has more room to fall. This hurts when you make a foreign investment.
This asian mess has created many bargains. Right now Japan is just
one of them. I would be looking at other asian countries which have
dramatically devalued their currency. Korea, Malasya, Taiwan,
Thailand - you name it. -Vi
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