business

Nikkei plunges 5.15% by close

14 Comments
By Kyoko Hasegawa

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14 Comments
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plenty of profit-taking :) hope liquidity is not the problem !

0 ( +1 / -1 )

guess the party is over...

-3 ( +1 / -4 )

guess the party is over...

It's up over 30 percent since the start of the year. Yeah, all over.

1 ( +2 / -1 )

"a stronger yen dragged on the market"

Idiots.

-1 ( +1 / -2 )

Overshoot upside to 16,000 and overshoot downside to 13,500. It will range and likely resume uptrend.

Abenomics policies are actually very bullish for Nikkei for next 2 years. Do not underestimate doubling of money supply in 2 years; this is very huge liquidity injection and purchasing of assets by BOJ. Fiscal spending effects are good for a year. 3rd arrow if correctly crafted and shot can be a booster also for 1 to 2 years.

Not over yet although the 1st phase was too fast too quick. But has already corrected.

0 ( +1 / -1 )

If the market does not rebound on Friday, all signs point to a double dip. I called this a week ago. You can just see the freight train coming. And we all know about how market reacts in June in a historical perspective. If a double dip occurs in the beginning of June, then the future is bleak at best.

0 ( +0 / -0 )

It's up over 30 percent since the start of the year. Yeah, all over.

Agreed; 30% gain or even a 10% gain is a very good gain for the year.

I honestly would buying up Japanese stock right now after the 5% drop.

0 ( +1 / -1 )

Does this 30% represent any solid value, or is it just the printing machine talking? Play the game, but don't be shocked if you lose. Looks like day trading is the way of the future for now.

0 ( +0 / -0 )

Does this 30% represent any solid value,

Yeah, because it reflects the expectation of higher profits from improved exports, thanks to the lower yen. Machinery orders were up 14 percent in March.

or is it just the printing machine talking?

They're not "printing money." They're making more credit available. Money only gets printed when businesses and consumers demand it. This the biggest misperception out there.

-1 ( +0 / -1 )

It's up over 30 percent since the start of the year. Yeah, all over.

http://www.bloomberg.com/quote/TPX:IND

-1 ( +0 / -1 )

I just got a 30%pay cut as my company is in.....the red!

Thanks Abe.....

-2 ( +0 / -2 )

Yubaru

Indeed, TOPIX, up 35 percent since year start, up 63 percent over the year. Oh, the horror!

0 ( +0 / -0 )

False high before the very real crash.

-1 ( +0 / -1 )

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