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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (10311)4/8/1999 6:14:00 PM
From: Challo Jeregy  Read Replies (2) | Respond to of 99985
 
Dennis, re Japan -

It is only natural for one to doubt Japan's turnaround.

But from all of the data I'm hearing, there are an awful lot of people betting on it. CNBC this am said that mucho foreign money (not quoting verbatim <g>) is coming into the Japan market, thru adr's and such. That belief and production cuts are behind the bullish oil group. P & F oil sector turned bullish. Bigger oil companies started running first.

Germany's rate cut - bullish for KO, etc.

Sure wish we'd have a little 5% correction first <G>



To: dennis michael patterson who wrote (10311)4/9/1999 1:15:00 AM
From: Dennis J.  Read Replies (1) | Respond to of 99985
 
Thanks, Dennis.

Re Japan, believe PEI is correct that the bottoming process and subsequent recovery will be slow. I suspect the Japanese supercaps will do well. Same as here, but earlier in their cycle.

Dennis


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