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[sharechat] NIKKEI vs DOW


From: "Mark Hubbard" <mhubbard@es.co.nz>
Date: Wed, 21 Mar 2001 20:49:08 +1200


The Nikkei, bourse of the worlds second largest economy goes up over 900
points in one day today (almost 8% increase, and its biggest one day rise in
three years) and the rest of the world markets ignore it. The Dow or Nasdaq
have a bad day, and the other markets all go down in sympathy (other than
Japan).

Confusing ? (or not - I guess US is the powerhouse, and earnings outlook
there still pretty bleak).


(Still trying to extricate myself from some shares / funds to build that
damned house. Talk about a timing muck up).



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