--- Sabri Oncu <[EMAIL PROTECTED]> wrote:
> Charles,
> 
> What is happening in Japan? I just saw that
> NIKKEI went below
> 9000.
> 
> Sabri
> 

As of 16:19 JST, the news puts it at:

&#26481;&#35388;&#32066;&#20516;&#12289;&#65304;&#65302;&#65304;&#65304;&#20870;

8688 yen.

That's as low as it has been in almost 20 years.
Clearly the 15 year trend line has been found and
now lost on the downside.

This means more trouble for banks and insurance.
But takeover artists are popping corks.

Meanwhile, the Koizumi reform cabinet flounders,
trying to decide whether or not to surpass their
spending and funding caps and come up with some
sort of supplementary budget to pump more money
into the sagging economy.  

CJannuzi

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