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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?
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To: borb who wrote (909)4/16/1998 9:00:00 PM
From: Real Man  Read Replies (1) of 3902
 
I believe because if American market (which is extremely overvalued;
the valuations are about as high as japanese in 1989)
falls, it will take Japan down as well. Nikkei for sure will
go down to 12,000 or below from here if the Dow falls to 6,300.
Yen might benefit, though, since the Japanese investors and other
foreigners will run. Gold should do even better. It's about time
to start investing in Japan, now, since stocks there are not nearly
as expensive as here. However, this investment could just sit
and do nothing or decline for several years. The public over there
for sure hates the stock market. -Vi
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