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


To: borb who wrote (672)1/13/1998 11:25:00 AM
From: chirodoc  Read Replies (1) | Respond to of 3902
 
<<<< I do not feel strong about Korea due to the weak Won.

.........me either. but i figure with currency and market drop--there has been a 70% haircut. they are being forced to deregulate and shake up their economy in 3 months in a fashion that could have taken 5 years without this ciris (or longer if one thinks of japan).

.......also, kim appears to have a strong following and is fighting the chaebols for reform. i only bought 5K in a mutual fund and will hold this for at least 2-3 years.

.......as for japan i am still waiting for them to make the tax cut longer term and for dereg in other sectors before i step in--who knows if we will see 20K or 13K this year?