Robert Sasaki Quotes (8 Quotes)

Then in the second quarter the foreign funds start coming in. They look at Japan and think that's doing well and the Japanese start selling straight into it. A regular pattern has been established with the high for the year reached in June or July in the last five out of six years.

People want to be optimistic, especially dealers who control a lot of stock.

Things were very quiet. The market was (pushed) up by the joint venture between Fuji Bank and Dai-Ichi Kangyo Bank. That was all it needed.

The market would have been down if it had not been for one big buying program towards the end of the day, which most people suspect was the government.

People were somewhat focused on the trade surplus numbers. Japan is ultimately an exporting country and those exports are getting more expensive.

We expect the market to continue to sell off. The economic news continues to be bad.

The market moved in a tight range. There was no particular news out here, which highlights that we are going into the Golden Week holiday and some traders are taking profits as a result.

It was very quiet. There was a lot of confusion over exactly what the government is talking about in terms of whether they are going to start cutting taxes.