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Strategies & Market Trends : MDA - Market Direction Analysis

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To: dennis michael patterson who wrote (10311)	4/8/1999 6:14:00 PM
From: Challo Jeregy	Read Replies (2) of 99985

Dennis, re Japan - It is only natural for one to doubt Japan's turnaround. But from all of the data I'm hearing, there are an awful lot of people betting on it. CNBC this am said that mucho foreign money (not quoting verbatim <g>) is coming into the Japan market, thru adr's and such. That belief and production cuts are behind the bullish oil group. P & F oil sector turned bullish. Bigger oil companies started running first. Germany's rate cut - bullish for KO, etc. Sure wish we'd have a little 5% correction first <G>

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