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To: pater tenebrarum who wrote (27190)10/11/2000 10:53:20 PM
From: chic_hearne  Read Replies (1) | Respond to of 436258
 
Re: to provide some perspective: on the last trading day of December '89, the Nikkei hit an ATH above 38,000 points. by late Summer of '92, the first significant low of about 14,500 was reached.

heinz,

I think this may follow the total market index better than the Naz.

The Naz clearly should go down more than an equal percentage to the Nikkei which would be about Naz 2000 or so.

I'm thinking well below 1000 on the Naz given that it looks like the business conditions are set for some tough love and so much "perfection" is built into the Naz even at these levels.



To: pater tenebrarum who wrote (27190)10/11/2000 11:14:01 PM
From: GuitarMan  Read Replies (1) | Respond to of 436258
 
And we wonder why Japan has been in a funk all these years.