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 (936)	4/22/1998 11:55:00 PM
From: ahhaha	Read Replies (2) \| Respond to of 3902

Japan doesn't need to recover from anything. What do they need to recover from? You have to realize that the media have created an appearance of trouble and the Japanese are playing it to the hilt. They don't want to follow the dictates of indolence of the West, so they're hiding. They're also starting to believe their own hype. That is where trouble lies. Windmills! When I tell people about the horrendous bad times of 1982, they don't know what I'm talking about. They all know how bad the Greeeeeaaaat Depression was where you had 24% unemployment. Well, in 1982 we had 26% unemployment, but it is well-recorded how worse it was in the '30s. But no one tells you that the greatest bull market in history took place then. Any attempt to sell the NIKKEI down will cause a dynamic upside intraday reversal. Everyone there is just waiting for the signal to buy with both hands. If you don't believe me but believe that goods are price deflating there, then just reason that if goods are deflating, paper assets like stocks must be inflating. Or will be shortly.