Wednesday, February 22, 2006

The bull lives?

A strong performance Wednesday for U.S. markets and falling oil prices stimulated activity around the globe.
Asian markets were up sharply Thursday morning, lifted by strong gains on Wall Street, new multi-year highs in Europe and a slide in energy prices.

Trading was active in Japan, where the Nikkei led the region, as investors snapped up recently battered shares and others geared to what many see as a full-scale economic recovery.

In Tokyo, the Nikkei 225 Average briefly rose above the 16,000 level, before settling back late morning, rising as much as 1.18%.
It's getting interesting. Could we be in the midst of a nice little run?

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