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Strategies & Market Trends : Asia Forum

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To: don pagach who wrote (4397)	6/11/1998 5:20:00 PM
From: Mark Myword	Read Replies (1) of 9980

>>> TOKYO (Nikkei)-A study group formed by the Ministry of Health and Welfare will recommend that public pension funds not be used by the government to shore up the stock market, ministry officials said Wednesday. <<< Don - if they pull the pension money out of the market , LOOK OUT BELOW! Nothing will take it down to true value faster than that. They have been using these funds to prop it up for six months now , and that has created a psychological safety zone for buyers to come in along with the govt. money at 15,000. Once that phony support is withdrawn , the Nikkei will surely crash , no doubt whatsoever.

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