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To: Peter who wrote (12478)12/18/1997 11:50:00 PM
From: megazoo  Respond to of 45548
 
biz.yahoo.com

well these drops can't go on forever. the reported bankruptcy of the foodstuffs trader is contributing to the drop. but are we assuming that for every forthcoming insolvency, there will be 1000 drop in nikkei. if that's the case, then the nikkei will just vanish, since with the forthcoming deregulations, LOTS MORE financial entities are going to go down under. and in the long run, that is good news.
just my opinion, anytime these bad news come out, nikkei will always go down to 15000, and will bounce back. if it doesn't, then look out.