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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?


To: Julius Wong who wrote (3604)12/29/2003 6:16:47 PM
From: veenie2  Respond to of 3902
 
Thanks. I did type in wrong symbol. Should have been FJSCX but I think you answered my question.

George



To: Julius Wong who wrote (3604)1/5/2004 2:02:41 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 3902
 
FJPNX is the Fidelity Japan Fund.

Looks like your friends should have been buying Japanese stocks, The Nikkei still is well behind most other world indexes this year and hugely behind on a longer-term basis. An explosive catch-up rally is a good possibility IMHO. I would not rule out Nikkei 14,000 before too long. Watch out above if the Nikkei decisively penetrates the October high around 11,100.