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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (22912)	1/26/1999 12:08:00 AM
From: IQBAL LATIF	Respond to of 50167

quote.yahoo.com^N225&d=1ym First day we are seeing 50 days MA been taken out on a comprehensive basis after that Dec break thru that 50 days MA support. 200 days MA has moved lower to 15890 level, giving me an indication of a possible swift attack on 200 days MA if we have few good closes at these 14500 level.. Nice to see it coming back and nice to JPN up strongly from lows..of 13200. intraday.. also JPN March calls are doing great. Don't overlook the fact that we are first time possibly closing above 14407 YTD high.. Nikkei up on relief over banks, gov't stock plans TOKYO, Jan 26 (Reuters) - Tokyo stocks extended early gains to move higher in early afternoon trade on Tuesday amid growing expectations that Japan's debt-ridden banking sector will be forced to speed up solving their bad loan problems. At 0415 GMT, the benchmark Nikkei stock average was up 253.24 points or 1.78 percent at 14,462.05. Nikkei March futures were up 330 at 14,480. Hopes based on news the government may consider setting up a government body to purchase stocks to stimulate the stock market also boosted sentiment, traders said. Japan's Liberal Party said on Monday it would consider calling on the government to set up a body to purchase stocks to help the stock market.