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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: steve susko who wrote (51010)	5/6/2002 12:22:36 PM
From: Clappy	Respond to of 65232

Japanese stock market has gone thru a 20 year bear market 20 year? I thought their fun ended in 1990... final capitualtion back retesting 8000 late last year on the Nikkei. I'm looking at the double bottom in the 9400 area as the low. 8000? We must be looking at different charts. stockcharts.com[h,a]daclyyay[df][pb50!d20,2!f][vc60][iUb14!Uh5,3]&pref=G As I pointed out to Jim a month or so ago, the $NIKK has recently broken out of it's downward channel. I think it's in a corrective mode now. I would not be surprised to see it retrace a good portion of it's losses. A retest of 14,556 is not even a 50% Fib bounce. I like it's odds. I've been playing EWJ. -Clapper