Robert Sasaki Market Quotations

Our scenario in 1999 is that 10,000 on the Nikkei is a given - 8,000 is possible. We think that if the market goes to 8,000 it's good. It's not going to stay there for very long.

The market would have been down if it had not been for one big buying program towards the end of the day, which most people suspect was the government.

The market moved in a tight range. There was no particular news out here, which highlights that we are going into the Golden Week holiday and some traders are taking profits as a result.

We expect the market to continue to sell off. The economic news continues to be bad.

Things were very quiet. The market was (pushed) up by the joint venture between Fuji Bank and Dai-Ichi Kangyo Bank. That was all it needed.