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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 (981)	5/7/1998 1:45:00 AM
From: chirodoc	Read Replies (1) \| Respond to of 3902

<<<<. When and where do you think it will stop? ....i am watching this summer's election for clues. the LDP is hanging on for dear life while hashimoto is getting closer to swinging in the wind. .......hashimoto and his buddy sakakibara (mr. yen) are for the first time irrelevant. ...if hashimoto is re-elected by a slim majority we will see nikkei drift for a while lower until there are some major tax cuts and deregulation. .....the longer investor sentiment is at these lows and japan is deflationary, the greater the possibility that we will go lower. ......if they take hashimoto's head in a basket and put in a reformer for prime minister, there will be a rally, especially if that is followed by permament tax cuts and deregulation. .......japan needs their version of ronald reagan to deregulate the hell out of the economy. ......without strong deregulation i will stay in europe and the u.s. although i am starting to think about adding a bit more latin america. ......daimler benz (mercedes) bidding on chrysler shows that there is more M&A, and deregulation starting in europe--it is just getting started. curtis