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

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To: chirodoc who wrote (1567)11/6/1998 1:34:00 AM
From: fut_trade  Read Replies (3) of 3902
 
Japan Oct imported car sales down 21.9 pct

TOKYO, Nov 6 (Reuters) - The Japan Automobile Importers'
Association said on Friday that Japan's domestic sales of imported vehicles in October were as follows, with percentage
changes from the year-ago period:

OCT JAN-OCT
TOTAL 19,544 down 21.9 227,248 down 25.4
Cars 18,841 down 19.2 218,435 down 23.1
Trucks 703 down 58.5 8,788 down 57.2
Buses NIL 25 up 357.1

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>nikkei went up too fast for a bear market

I don't think so, Japan is still broken -- it's a bear market. This is a momentum play I believe.

Japan will be lower in six months.
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