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

To: chirodoc who wrote (727)	2/2/1998 1:01:00 AM
From: borb	Respond to of 3902

Watch! Hong Kong, the place that lead the world stock market fall last year, has a 11% gain (over 1000 points gain on Heng Sang index) so far today. Will it lead the world stock rebound??

To: chirodoc who wrote (727)	2/4/1998 8:11:00 PM
From: borb	Read Replies (1) \| Respond to of 3902

Quote from today's Infobeat: "(Japan's stimulus plans) are in the back of everybody's mind, and down was the direction we were going in the dollar anyway," said David Ogg, forex manager at Dresdner Bank. Japan is likely to unveil a larger-than-expected supplementary budget for the upcoming fiscal year in the range of six to 10 trillion yen, a Japanese government official said on Wednesday. Japan is expected to reveal the measures around March 20. Wednesday's setbacks in Asian stocks notwithstanding, some traders said recent rebounds there and in regional currencies have fostered more positive investor sentiment in the region. ---- Sounds positive. Yen is at 123 range now.