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

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To: borb who wrote (1878)5/13/1999 12:53:00 AM
From: Step1  Read Replies (1) of 3902
 
Borb saw your message a while back but have been busy.

Since you say floor, I suppose you do some TA. Past support would be at 12,000. The thing with support areas is that they are not cast in stone, so you can call them support as long as they hold...

To be really honest, I don't have the sligthest idea how far it could go (up or down) and anybody who says they do is getting his/her info from a superior form of intelligence (read of the ET type) . I think the market can only be spoken of in terms of probabilities, and as I had posted before , medium term the odds are negative , all IMHO that is (which I base on the short term correlation with the DOW) Later, the Nikkei and the DOW will most likely go their own separate ways I supppose, but for now this is what I based my bets on.

Yours Sincerely,

Stephan Gilbert
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