Dear Friends,
As what we explained, we predicted that Nikkei may have already bottomed. We mentioned last week on radio FM958 that we expect Nikkei to have a strong support at 12800. We do expect Nikkei to have a rebound from its recent sharp fall.
Recently days have shown Nikkei consolidating as we mentioned, stabilized a bit and have moved up. Mid Term wise, we think this index is worth a look.
Rgds
Daniel
www.danielloh.com