Yes the Nikkei action is awful to put it mildly. But I still maintain that after a 13 year bear the Japanese market is much closer -- both in time and price -- to a major bottom that the US market.
BTW the fact that there was no follow through in Asia last night to the big US rally is still another signal that the rally is not long for this world
“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi