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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 (782)3/18/1998 10:29:00 PM
From: chirodoc  Read Replies (1) | Respond to of 3902
 
<<<<May be you are right. Nikkei is struggling at the range of 16K to 17K. Long bottom? Too long already.

.....the plan was for the government to prop the market up before april 1st. the fact that this is failing will give the rerformers the "i told you so" attitude. their managed economy is finally dead.

......but, it may take 6 more months to get a few more bureacrats out of the way. look for their being a good buying opportunity in the next 6 months-- after 6 months of big bang--the financial dereg + open skies should BEGIN to shake up the economy--still too early to buy.