I was correct when I said Nikkei would hit 11,000 this week. It did and dipped a little bit at the end of the week but it's OK.
The important thing was it didn't bounce back to 10,000 yen. That's all it counts.
Though the average acted as expected and hoped for, I lost some. What a fool!
So the score is two for good and one for bad; another good thing was I kept some balance for Nasdaq to continue next week.
Right now, I've no feeling about the next week, whether bright or not. At least for Nikkei, there's no reason to think bad except for one variable - the re-election for Japan prime minister. As for Nasdaq, I've no idea at all but is there anything ominous - struggling in Iraq and damage by Isabel?
2003年9月19日金曜日
2003年9月13日土曜日
Nikkei average in the week
As expected, Nikkei average fell by 200 yen at the end of the week and it's going to be the main subject if it passes 11,000 in the next week. If it does, I guess it's not before that long to make 12,000 yen. If, however, it bounces back to 10,000 yen level, it may take a while to make 12,000 yen if it ever makes as there'll be some variants to consider such as re-election of Koizumi and the general election in November.
2003年9月9日火曜日
Nikkei average
I'm damn happy today as Nikkei broke out to 10,900 without making a slight stop at 10,800, which is my hell of a milestone. It's like a dream, given it was below 8,000 once, not long ago. It was dismal then but now I can anticipate more than 11,000 level.
Yet, come to think of it, it was once 12,000. Since then it just slided down like a water shoot at Universal/Orlando. I'm sure there'll be some pull back before going over 11,000 but if none makes mistake, it surely goes there. Or you'd better, man.
Yet, come to think of it, it was once 12,000. Since then it just slided down like a water shoot at Universal/Orlando. I'm sure there'll be some pull back before going over 11,000 but if none makes mistake, it surely goes there. Or you'd better, man.
2003年9月4日木曜日
Airline stock
Yesterday NWA came back to $10 after a long recess just as other carriers because they made relatively good performance in August. Maybe we can say we're back when they make $20 at least, but I'm not sure when it'll be. Toru-chan, how's your mother? Is she still gaining? I hope so.
2003年9月3日水曜日
Nikkei daytrading
I made a nice little gain and Nikkei held 17,000 yen level. Wish we would be equipped with a better tool, though.
I woke up past 11 am. I knew it would be late for a stock market in Tokyo. Nikkei was up & down about yesterday's level. Softbank made a gap-up and started to fall to close a gap soon. It could climb up from there after a lunch break. I watched MLB as usual and Mariners were struggling 7-7 at the bottom of the 9th against Tampa bay. Ichiro was, as usual, nothing but a flop but somehow other players made an effort for 3 runs in the 10th and Hasegawa managed the last two innings with one run allowed. Definitely Athletics are unreachable; Red sox is the one Mariners shouild beat if there's any chance.
After a lunch break, Nekkei wasn't sure itself about whether it should go up or down. Softbank made some rally but at 14:40, it started to break down past a support level. It was more then 200 yen drop in 10 minutes and I scalped some gain from there. It wasn't bad at all and a nice gain for 10 minutes short play. If there'd be a RealTick level device, though, I could manage more than 50% short gain. (Wishful thinking? Maybe.)
With this, I made back-to-back gains, UFJ and Softbank. As I trade in Nikkei more, I feel the brokers in Japan should cater more to the customer by developing efficient and effective trading tools. It may not be only the brokers' blame but also of Nikkei market management and some bureaucrats in the ministry. There's no equivalent of the Realtick. They ask for a password for every order and log off after fixed time inactivity. It's not possible to act quickly when some breakout/downs occur after, say, 1 hour. I have to log in first for the broker's home. That's alone a drag enough. Then , let's say, you want to buy and sell in 3 minute. It may not be possible to act quickly in that time span as they require a designated password to buy and to sell. Remember that the password is designated, provided by the broker, not the one you like. It's hard to remember even for the user as the password is meant to be. Very unfriendly and discouraging system. And they say it's for the benefit of the customers for the security reasons. Well, they should come up with the better system even though proprietary.
Toru-chan, if you ever go to Halifax, try to visit Mr. Furue, an old friend of mine from ICU. I understand he must be sort of everyone-knows Japanese there, who's been there since mid '70s.
I woke up past 11 am. I knew it would be late for a stock market in Tokyo. Nikkei was up & down about yesterday's level. Softbank made a gap-up and started to fall to close a gap soon. It could climb up from there after a lunch break. I watched MLB as usual and Mariners were struggling 7-7 at the bottom of the 9th against Tampa bay. Ichiro was, as usual, nothing but a flop but somehow other players made an effort for 3 runs in the 10th and Hasegawa managed the last two innings with one run allowed. Definitely Athletics are unreachable; Red sox is the one Mariners shouild beat if there's any chance.
After a lunch break, Nekkei wasn't sure itself about whether it should go up or down. Softbank made some rally but at 14:40, it started to break down past a support level. It was more then 200 yen drop in 10 minutes and I scalped some gain from there. It wasn't bad at all and a nice gain for 10 minutes short play. If there'd be a RealTick level device, though, I could manage more than 50% short gain. (Wishful thinking? Maybe.)
With this, I made back-to-back gains, UFJ and Softbank. As I trade in Nikkei more, I feel the brokers in Japan should cater more to the customer by developing efficient and effective trading tools. It may not be only the brokers' blame but also of Nikkei market management and some bureaucrats in the ministry. There's no equivalent of the Realtick. They ask for a password for every order and log off after fixed time inactivity. It's not possible to act quickly when some breakout/downs occur after, say, 1 hour. I have to log in first for the broker's home. That's alone a drag enough. Then , let's say, you want to buy and sell in 3 minute. It may not be possible to act quickly in that time span as they require a designated password to buy and to sell. Remember that the password is designated, provided by the broker, not the one you like. It's hard to remember even for the user as the password is meant to be. Very unfriendly and discouraging system. And they say it's for the benefit of the customers for the security reasons. Well, they should come up with the better system even though proprietary.
Toru-chan, if you ever go to Halifax, try to visit Mr. Furue, an old friend of mine from ICU. I understand he must be sort of everyone-knows Japanese there, who's been there since mid '70s.
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