Kunihiro Hatae
Kunihiro Hatae
buyers came concerns followed market seem shares supported tokyo trading
Tokyo shares followed the Nasdaq today. Also, trading was supported by those buyers who came back to the market now that Y2K-related concerns seem to have cleared.
although believe likely linger outgoing peak pressure seen selling until worst
The worst is over. I believe we've seen a peak in selling in those outgoing 30 issues, although selling pressure is likely to linger until Friday.
gains rebound scale trend turn york
The New York gains are nice, but a rebound of this scale is not enough to turn the bearish trend around.
buying earnings good investors select stocks
Across-the-board buying is over and investors have to select stocks with good earnings prospects.
corporate impact individual larger negative positive seen sign vigorous
It can be seen as a positive sign that vigorous corporate restructuring is underway. But the negative impact would be larger as it would dampen individual consumption.
moved people profits squeezed
People moved to take profits now as they don't want to be squeezed during a holiday.
consumer corporate earnings further good news rise support
A further rise (in the Nikkei) would need support from good fundamental news, such as corporate earnings or consumer spending.