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


To: Real Man who wrote (476)11/23/1997 6:36:00 PM
From: chirodoc  Respond to of 3902
 
<<<<<<It seems brokerages will soon be buys. The question is: how soon?
BTW, do you know any ADRs trading in the US? -Vi

....for banks--tokyo mitsubushi is an adr

.....nomura trades through most brokerages here in the u.s. it would be my choice because they are the biggest and the best capitalized--let the small ones drown--in this type of bloodbath go with the biggest and best managed.

......i checked with schwab and we can buy nomura through their international trading desk.

......the fact that we are seeing bank failures is bullish--hashimoto may try to slow things down, due to the entrenched bureaucracy--but it may be too late. if dereg goes for 6 more months it may start to spread to other industries

........-i am presently looking at next spring to summer when i will jump in--let's stay in touch about this--we are on a similar wavelength.