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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 (2070)9/14/1999 11:23:00 PM
From: Hawkmoon  Read Replies (2) | Respond to of 3902
 
I'll tell you all something. I just attended the WashDCY2K meeting this evening.

I posed a question about how much info was coming out of Asia (APEC summit) and whether or not Y2K was still on the agenda as had been originally planned.

The telling lack of hard data at the hands of Koskinens deputy, Janet Abrams is quite an indictment as to how the Asians have continue obfuscate and hide their problems.

This will eventually turn around and bite them in the collective hindquarters.

And btw, so long as the BOJ continues to "sterilize" all of those fiscal stimulus efforts by the govt, the yen will continue to strengthen... at least until their market collapses. Maybe that is why they are doing it. They don't want the market over 18,000 which would create a "bubble" of their own (given their poor financial and economic status).

Regards,

Ron