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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 (996)5/15/1998 9:42:00 AM
From: chirodoc  Read Replies (3) | Respond to of 3902
 
<<<<<Will Yen be beaten lower due to riots situation in Indonesia?

.....there will be pressure on the yen. but long term, assuming there is some change in the june elections and they adopt long term tax breaks, i will consider this summer to be the bottom and slowly start buying. if you add this to a new government in indonesia this will be a buying opportunity. if suharto stays in power + hashimoto acts like herbert hoover, stay away. i am HOPING they will get rid of suharto and hashimoto so i can buy japan!

......if they do not adopt long term tax relief + more deregulation i will stay on the sidelines.

curtis