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

To: borb who wrote (2043)	9/2/1999 11:15:00 AM
From: Professor Dotcomm	Read Replies (1) \| Respond to of 3902

There was interesting talk on Bloomberg this morning. Although the Nikkei was down the broader based Topix managed a small gain. This is because smart money is looking out for companies less dependent on the exchange rate i.e. companies who are serving the Japanese domestic market. I believe that we are now starting to see the makings of a deeper recovery and not just limited to the well known Japanese international stocks - who will be more correlative to the DJIA and who will be more sensitive to the Yen level.