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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 (2258)2/29/2000 12:42:00 PM
From: Professor Dotcomm  Read Replies (1) | Respond to of 3902
 
I think the Nikkei 225 resembles far more the DJIA than the Naz. In fact, aren't they now preparing a Naz type index in Japan?

That being said, the Nikkei seems to be, IMHO, a safer bet than the DJIA - at least for the next two years. Forex will continue to twist the index but as the yen weakens this should help it. I also would prefer the new Japanese Naz index to the Naz itself. The buzz word has been rotation, rotation and rotation. Perhaps rotating countries also makes sense.