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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 (2083)10/5/1999 9:54:00 AM
From: Professor Dotcomm  Read Replies (1) | Respond to of 3902
 
I am a US citizen resident in the US. I decide the DJIA is too high and that I should get into the Japanese stock market. If I'm rich enough, and clever enough, I would ask my broker to buy Japanese shares. I would then change my dollars into yen. If I'm neither I would buy a Japanese mutual fund but the same thing would happen - this time using intermediaries.

(If I was a shade smarter, I would go to my friendly bank and borrow yen at dirt cheap interest rates and use them to buy Japanese stocks)

In the context of my post 'foreigner' is a non Japanese.