A weaker opening is highly likely due to a pile of sell orders from individual investors trading on margin.
More Quotes from Katsuhiko Kodama:
Given the New York market's setback on geopolitical concerns, the market here may wipe off half or more of the gains it saw yesterday.Katsuhiko Kodama
It seems the U.S. market won't be affected too much by election results, and that's quite reassuring. Investors are slowly regaining their confidence, and the Nikkei should start to establish support around 15,000.
Katsuhiko Kodama
We've got a firmer New York market and a weak yen to support exporters.
Katsuhiko Kodama
Confidence over an end to deflation keeps luring investors to bank shares. Buying of steel stocks falls into the same kind of category, that is one where investors bet on the domestic demand.
Katsuhiko Kodama
After rising more than 700 points in just three days, I think it can't be helped if we see some investors locking in some gains.
Katsuhiko Kodama
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