People moved to take profits now as they don't want to be squeezed during a holiday.
More Quotes from Kunihiro Hatae:
Across-the-board buying is over and investors have to select stocks with good earnings prospects.Kunihiro Hatae
The New York gains are nice, but a rebound of this scale is not enough to turn the bearish trend around.
Kunihiro Hatae
A further rise (in the Nikkei) would need support from good fundamental news, such as corporate earnings or consumer spending.
Kunihiro Hatae
Tokyo shares followed the Nasdaq today. Also, trading was supported by those buyers who came back to the market now that Y2K-related concerns seem to have cleared.
Kunihiro Hatae
It can be seen as a positive sign that vigorous corporate restructuring is underway. But the negative impact would be larger as it would dampen individual consumption.
Kunihiro Hatae
Readers Who Like This Quotation Also Like:
Based on Topics: People QuotesIBM was the original contractor for much of the computer interface design on the film.
Douglas Trumbull
I don't have a warm personal enemy left. They've all died off. I miss them terribly because they helped define me.
Clare Boothe Luce
I don't linger on the fact that Dawn Fraser was a great swimmer 40 years ago. That was in the past. I did break 41 world records, but I don't live on that today.
Dawn Fraser