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To: Rainy_Day_Woman who wrote (52912)	5/20/2002 9:30:43 AM
From: SusieQ1065	Respond to of 208838

oh look...we can play Japan...;-) iShares Japan - EWJ - close: 8.87 change: +0.20 WHAT TO WATCH: One of the recent "products" to appear on the investment scene in the last year are "iShares", produced by investment house Barclays Investments. These equities trade like stocks, yet they are actually composed of multiple securities and, in that sense, take on the quality of an index. EWJ is designed to loosely follow the Japanese stock market and this security, like the Japanese Nikkei Index, are displaying long term reverse head and shoulder (RHS) bottoms. This can be a powerful technical pattern with long term upside potential. EWJ was up dramatically this past week, on very explosive volume Thursday and Friday, and it represents an easy way for US investors to aggressively trade the improving Japanese markets. EWJ is overextended at its current level. An attractive entry price would be on a pullback, perhaps to support near 8.40. ~PremierInvestor.com