JAPAN-Nikkei-Time to go back up? Message Board

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

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To: chirodoc who wrote (1784)	3/18/1999 2:53:00 PM
From: Professor Dotcomm	Read Replies (1) of 3902

Curtis: That was a good extract which I have not seen. Yes, the internationals have made the running since Jan 1, 99. Canny is up 21%, BTM up 43%, NEC up 37% and SNE up 41%. As a group the internationals are up 31% and the domestics up only 8%. Domestic big winners have been Kokusai up 18%, NTT up 31%, Shionogi up 28% and Taisei up 26%. The point about all this is that the market is still being dominated by foreign mutual fund dealers. Until we see the domestics marching up to the plate we have to accept the possibility that the market turnround is still flimsy. Nevertheless, I think it will come. Dotcomm

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