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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?

To: Step1 who wrote (1960)7/11/1999 2:13:00 PM
From: borb  Read Replies (1) | Respond to of 3902
 
108? I will like to see that.
A stronger yen does not necessarily go with low Nikkei. Foreign money can also be long term investment. At such low interest rate, once domestic investors find out a better return in stock, Nikkei will shoot up quickly.
Every stock investor believe a better return in stock investment for long term. Nikkei proved it is wrong for a 15 years investment in Japan stock. Maybe Nikkei will prove all investors' believings are incorrest.



To: Step1 who wrote (1960)7/12/1999 10:11:00 AM
From: Professor Dotcomm  Respond to of 3902
 
You are quite right. Even Monday's rally came predominantly from foreign buyers. I believe the first wave from 12,700 odd has to be ascribed to foreign buying. There does seem enough strength, though, for this wave to maybe hit my primary target of 20,000 within the next few months. This, though, as we've said before, needs an uneventful Dow and a Yen around today's levels or anyway in a range of 115-120.


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