Quote from trader99:
Look at Nikkei. Came back from the low. I bet in a few weeks we'll be back at the all time high if not sooner.
They have slowly worked through those banking problems already. There are MASSIVELY PENTED UP cash among Japanese households. Should they decided to get back into their equity markets that's like trillions of added cash and liquidity!
Mark my words...
Quote from Catoosa:
Long term, I look for the Nikkei to trade within three years above the all time high of 40,000. I put $100,000 into the Japan market yesterday (I could pull the money back out at any time as I buy and sell a Topix 100 Index tracker on a day by day basis). I think the Japan market is now fairly valued; However, I also think the new generation of young Japan investors will over do things.
Quote from trader99:
Catoosa,
So you buy the equities and not the Topix or Nikkei futures? With 100K in futures you would be up quite a bit today. hehe.