Mitsushige Akino Strong Quotations

The market is filled with good leads today, including the stronger dollar and upbeat corporate earnings results, following a positive surprise last week in Sony's report.

The prospects for the steel industry are quite positive, supported by strong demand.

Nippon Steel will finish strong in both the third quarter and in the full year. A strong domestic market and weak yen has helped the company achieve positive earnings.

But strong buying interest appeared to beat profit-taking in the end.

The Federal Reserve will concentrate on the decrease in house prices and home equity loans as a strong indicator of the cooling of the U.S. housing bubble. That may limit further increases in rates past 5.25 percent.

Sony and Sanyo are coming up with more aggressive restructuring. But investors are now buying companies that can post strong growth without restructuring,

Investors know that the upside resistance (on the Nikkei) is strong at 16,000 points, so the best strategy is hunting bargains when the market sinks.

Investors expect reports this week will show Japan's recovery from deflation and that's driving domestic demand-related stocks higher. The prospects for the steel industry are quite positive, supported by strong demand.