1) within completion of wave III (development of wave 5) a buy NIKKEI 225
futures at 13100 points with the aim to sell at 15670 points (+19.
At the end of the day in Tokyo today, the Nikkei 225
rose by 2.
At their peaks, the average p/e ratio of the Nikkei 225
in 1989 and the NASDAQ at the start of 2000 were both well over 100.
If the post-Heisei Depression market acts in a similar fashion, the Nikkei 225
could continue consolidating to 2016 following the aforementioned bounce that could take the index to 19,000.
The Maxis Nikkei 225
Index Fund is not in any way sponsored, endorsed or promoted by Nikkei.
We expect that within wave C NIKKEI 225
will rise to 12600 points, or 24%; time horizon is 12 months.
This morning, the Nikkei 225
closed higher by nearly one per cent, rising by 91.
If this is indeed a cyclical peak in the economy, the Nikkei 225
could slip below the 10,000 level again.
Berlin/Tokyo, Rabi'II 4, 1435, Feb 4, 2014, SPA -- The Japanese stock index Nikkei 225
ended on a eight-month low Tuesday as investors fretted over disappointing US manufacturing data and ongoing uncertainties surrounding growth in emerging economies.
During the Izanagi Keiki, the Nikkei 225
traded at a PER between 27.
However, the Nikkei 225
actually has fallen more than the S&P 500 during the last three years, according to data compiled by Trust Net.
In comparison, the S&P 500, NASDAQ, Nikkei 225
and the Lehman Brothers Aggregate Bond Index returned +2.