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

To: Tommaso who wrote (989)	5/10/1998 11:08:00 AM
From: chirodoc	Read Replies (1) \| Respond to of 3902

<<<<I think I will soon start scaling into some of the closed-end Asia funds ...yep, taiwan and singapore seem to be turning the fastest. korea is trying, thailand is gasping but our of intensive care and indonesia is getting worse--fast. ..as for japan, it has not turned the corner yet. if bank debt is BIGGER than we realize (which is possible) look for a sell-off to 14K? ...that being said, a sell-off in japan, followed by permanent tax cuts, throwing hashimoto out, and some more deregulation and japan could be a buy. ..watch the elections next month. if hashimoto is replaced by a reformer, this could be the start of the upturn. if hashimoto is still in power, the banks are worse, then japan will drift lower. curtis