A Look at Probable Nikkei Targets.

[Tony Cherniawski]

A friend of mine called me to say that another prominent technical analyst suggested that the Nikkei would go to zero in the next couple of years. While anything is possible, I had to ask the question, "Is it probable?"

The answer is "not likely." Instead, I took a look at the wave relationships and determined another scenario that suggests the Nikkei may live to fight another day.

Take a look and send feedback. I'll add to this post over the next week or two as other scenarios are brought forth.

Regards,

Tony

[Steven Vincent]

It's interesting that Japan does not seem to be really benefitting from the growth in China and the rest of Asia.