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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Mike M who wrote (8413)5/5/1998 10:49:00 PM
From: Joey Two-Cents  Read Replies (1) | Respond to of 18691
 
<My guess is that the "meltdown" is highly overrated.....It could be that penetration into this long dreaded number may mark the end of a Nikkei decline from nearly 40,000....and 8 years....>

I tend to agree. The Japanese govt. has been manipulating this market for years and continues t do so. I feel the Nikkei will be below 10,000, possibly 8,000 in the next 6-12 months. Then again, I feel the Dow will be below 2,000 by the year 2000.


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