Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: chirodoc who wrote (796)	3/26/1998 11:55:00 AM
From: borb	Read Replies (1) \| Respond to of 3902

I do not think 18K by end of March. It is only a few days away. An everybody know rumor about government's action on a free market is not easy to carry out. If the government really play the game by using central reserve, there is another question about possible "corruption" issues. I think yen will be closer to 125 and Nikkei to be above 17K points.

To: chirodoc who wrote (796)	3/26/1998 12:29:00 PM
From: Ramsey Su	Read Replies (2) \| Respond to of 3902

chirodoc, I understand what the Japanese government and/or BOJ is trying to accomplish. But when you announce to the world that you are trying to cook the books, whats the point? Who is going to be left holding the bag on April 1, the April fool? The Japanese strategies are really puzzling, though I agree with their action so far in not lowering taxes. Any freshman economics class will tell you that Japan needs to increase government spending now to stimulate the economy. Cutting taxes would only work if the consumers have the confidence to spend the savings. Do they? Ramsey