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Politics : Idea Of The Day

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To: James Strauss who wrote (20748)10/4/1998 7:58:00 PM
From: J.T.  Read Replies (1) of 50167
 
James, We already know that Japan is at a 12 year low and about to blow below 13,000 Nikkei. For me, the key is China. Shanghei was watching the dance on a two day Holiday and couldn't participate in a game of musical chairs. First test is to hold 1,200 SSE which has more than enough breathing room as of right now. A close below 1,200 will bring a test of 1,100 within 5 trading days, IMHO. We have had only two closing days below 1,100 so lets keep a close watch going forward. Good trading. JT
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