As I expected about Japan, news just goes out to confirm...

As I expected about Japan, news just goes out to confirm further.

"Japan's consumer price index, which excludes fresh food, dropped 1.2 percent from a year earlier, the government said Friday, marking the 12th straight month of decline.

Companies remain conservative with spending, focusing instead on cutting costs and rebuilding profits. In trying to lure customers as wages shrink, big retailers are slashing prices to new lows."
-- quote source : http://finance.yahoo.com/news/Japans-consumer-prices-keep-apf-4003449406.html?x=0&sec=topStories&pos=2&asset=&ccode=

Conserving cash is what Japan people are good at, but not so great when trying to expand and increase rentals from AJA perspective.

With alot of their growth based on exports, Toyota's current problem isn't going to help things, is it?

I would have expected retracement post the next div, when mgt could place blame (if any) on external factors, but with negative news released out now, it is no wonder that the price cap was in place or that the sp was drifting down over the few days (it's not dropping, not pummelled, it's just drifting).

Next stop, hopefully held up at 36c where there seems to be support by 10 buyers, and another level at 35c with 16 buyers in queue. Unless they evaporate if the SP reaches there.