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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: ValueGuy who wrote (41806)	3/17/2011 12:30:35 AM
From: Jurgis Bekepuris	Read Replies (2) \| Respond to of 78520

Interesting fact is that Nikkei went up by 5.68% yesterday, do they know something that we don't? Not really. Technically it's a "dead cat bounce". Fundamentally, people who think that Japan is cheap are entering the market as selling slows down. I would not put any thought into a single day fluctuation. Depending on market mood Japan can go down, up or flat from here. Personally, I'd only be interested if there was a swift secondary crash. But perhaps there won't be. There may be too many people waiting to buy on sidelines.