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

To: FACTUAL who wrote (1338)	8/13/1998 1:40:00 AM
From: Step1	Respond to of 3902

The opposite of "endaka" is "enyasu" or as a consequence "dorudaka" >>> what is the opposite of endaka?)<<< Factual, it is extremely hard to form an opinion about Japan right now, a very mixed bag I would say . Canada seemed to have a really bright and strong economic future in the 70s, not bad still now, but you also have to look at the fact that the CAD has seen 23 years of decline against the USD. (I am Canadian, so ultimately plan to spend time and dollars in Canada, perhaps of less concern for me ) but nevertheless, if Japan is going to see the same kind of erosion in its currency over the years, then it seems that not one company is worth buying. Japan has a much bigger economy than Canada, so it may not be fair to compare the two though. At the moment, I am looking into fallen world class leaders and investigating. No buys for the time being. There is plenty of time to buy, especiallly when you live here and can place buy orders locally. The volatility of the TSE is minimal compare to the US stocks, on a bad day, Tokyo Mitsubishi bank will decline 30 on 1200 yen approx. Since stocks climb a lot slower than they fall, a recovery will take time to develop giving you time to get in I think. Right now, people still havent seen enough concrete measures implemented, lots of promises and educated speeches being made though.