The momentum is here. I think the Nikkei will likely test yesterday's high of around 16,700 again today.
More Quotes from Masayoshi Okamoto:
High-tech gains are sort of a given. But if bank shares continue to struggle after Monday's dismal losses, that could put a damper on the broader market.Masayoshi Okamoto
After going through volatility in recent trade, not many investors would like to hold their positions through the three-day weekend. And when they square positions, most of them are short following Tokyo's recent downtrend,
Masayoshi Okamoto
It's just like the Bank of Japan is (considering) lifting its zero-interest rate policy. It's not that the TSE will forcibly implement tighter rules.
Masayoshi Okamoto
It was clear that the downside was solid because falls were relatively limited despite the jump of more than 200 points yesterday.
Masayoshi Okamoto
Early morning trade looks weak on Wall Street's falls, but we will soon reach a point today where it won't make sense to sell techs lower,
Masayoshi Okamoto
Look for retail investors and brokerage dealers to pinpoint individual shares that are liquid and carry a theme.
Masayoshi Okamoto
Readers Who Like This Quotation Also Like:
Historians are like deaf people who go on answering questions that no one has asked them.Leo Tolstoy
Call him wise whose actions, words, and steps are all a clear because to a clear why.
Sara Teasdale
And my real enemy is not to hold the specimen sterile, but it's the lighting. The light is our real enemy. So we have to work with very very poor lighting. But we can increase the light with computers.
Lennart Nilsson