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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 (684)1/19/1998 9:40:00 AM
From: chirodoc  Read Replies (1) | Respond to of 3902
 
<<<<<<Good start again this morning

I have decided:
1. we are near the botom==and it could go lower
2. the japanese are finally getting serious
3. i am a lousy market timer

therefore-- i am going to drop a LITTLE into the japanese market each month over the next 6 months. i plan to make small bets on the blue chips that have done well through the recession and should do even better due to the rising of the yen vs dollar. as the yen rises the international companies will do better with lower costs vs dollar.

i can see that the asian crisis is not over but who the helll knows where the bottom is. lots of the asians are taking the bitter pill and deregulating and cleaning up their economies. in one year the turnaround in those economies will be in place and in 2-3 years i think that japan, korea, thailand and few others will be booming.

i am looking at canon, sony, honda, and tokyo mits bank. what do you think are the best bets?