Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

At 8000 (7600 or so) or so on the Nikkei, Japan did look fine, but we are now at 10,900 on the Nikkei, and while I don't play the Japanese market and still cannot find what the true PE on that index is, I think that a lot of the move is already under the belt. I see a lot of resistance coming in the 12,000 to 12,500 range, barely another 10% to 15%.