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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 (883)	4/10/1998 8:47:00 AM
From: chirodoc	Read Replies (1) \| Respond to of 3902

tax cut was ok, but again is temporary. the lack of rally was due to too little too late. i think the facts are obvious. they have finally taken the necessary steps to trun around the economy = tax cuts, deregulation, big bang. the problem is the slow nature of the response from government has left the japanese public disillusioned. it may take 6 more months of these types of changes to finally turn around sentiment. on the positive side citibank/travelers, merril lynch, and fidelity should rev up interest in stocks within the next year and start the new bull market if the politicians can't. i will start adding a bit at a time after the next big drop. i may start buying a bit in the next few months, but am in no rush. curtis