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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 (3662)3/17/2004 8:03:30 AM
From: Crimson Ghost  Respond to of 3902
 
I look for 14,000 or something close before we drop under 11,000. This follows from my expectation that global stock markets will stage one more strong rally after this correction runs its course. And since the Nikkei has held up so well during this correction, it is likely to lead on the upside.

But after that final strong rally, the bear should resume full force dragging everything down IMHO.



To: Julius Wong who wrote (3662)3/17/2004 11:54:22 AM
From: borb  Read Replies (1) | Respond to of 3902
 
TOKYO (Reuters) - Tokyo's TOPIX stock index closed at a two-and-a-half-year high on Wednesday as growing optimism over Japan's economic recovery buoyed builders, insurers and other issues dependent on domestic demand.

nytimes.com


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