From a technical perspective, the market looks ripe for a rebound. But there are too many factors of concern to warrant active buying on dips.
More Quotes from Nobuaki Kurisu:
The onslaught of profit revisions simply has investors too afraid to push the high-techs or broader market higher.Nobuaki Kurisu
Funds with a short-term strategy are moving around. But the lack of visibility in the outlook for Japan's structural reforms and uncertainty over the U. S. economy, U. S. stocks and the attitude of investors there mean longer-term funds sit tight.
Nobuaki Kurisu
Greenspan's cut was a wonderful thing. It has instilled Tokyo investors with a greater confidence the U.S. economy and markets will recover.
Nobuaki Kurisu
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When my father would yell at me, I told myself someday I'd use it in a book.
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