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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 (2162)11/30/1999 11:58:00 AM
From: Professor Dotcomm  Read Replies (1) | Respond to of 3902
 
They say that the yen has jumped because of the torrent of money now coming in to the Japanese equity market.

The internationals such as autos, cameras, consumer electronics may swing out of favor if the yen goes below 100. The area to be in should be the Japanese 'Nasdaq'type of stocks. Ni-Do-Mo, Ito Yokada (internet banking) even Softbank despite its lofty price. I think this is the area where the new domestic Japanese mutual funds will be aiming.

The N225? My feeling is that it will sag for a day or two and then will come storming back, taking us all by surprise - again!