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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 (776)	3/15/1998 9:39:00 AM
From: chirodoc	Read Replies (1) \| Respond to of 3902

nikkei is forming a long bottom because the bureaucrats are dawdling about reform, appears the bottom is 14-16. i think that picking up a few favorites at those levels is fairly safe. when G7 meet they will again push japan--telling them they are not doing enough. this + suicides + resignations + stagnant economy will push them a bit closer. the danger is to make a big bet becuase japan investments could be dead money for 6-12 months. thus is still would only nibble at low levels until they have bigger tax cuts and more dereg curtis