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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 (2159)	11/25/1999 9:42:00 AM
From: Professor Dotcomm	Respond to of 3902

You're not the only one to concede defeat to Borb. However, your stance is understandable and, in some ways, still very right. This morning (EST) Bloomberg carried a commentary on the market retreat of today. Some fund managers attributed this to investors selling off the traditional rust belt type of stocks (e.g. Amada) to stock up on advanced technology stocks. One manager said that the recovery is still too thinly based in Japan and the broad recovery in domestic conditions has still not taken place. IMO it is an indication that the stock market is a barometer not a thermometer.

To: Step1 who wrote (2159)	11/26/1999 2:31:00 AM
From: borb	Respond to of 3902

We never know what exactly will happen tomorrow. We share different point of view at this board. Right or wrong. In fact, there is no right or wrong. I hope we all gain something when good things happen. I have my gut feeling that Nikkei will reach 25K by end of 2000. Japan represents major consumer electronics inductry, if Y2K will be a problem to consumer products, chance is more consumers will buy goods to replace the old unit. So, Y2K might even help Japan's economics. Let's wait and see.