This is a reverse from the recent trend of a stronger yen, which had been a concern. I think the stock market is feeling some relief.

There's concern about overheating ... After touching the goal of 16,000, it's now easy for investors to cash in their winnings.

A fall in US stocks was the impulse for the retreat.

It's hard to tell at this point if the Nikkei has reached a target or if it will climb higher.

Now, the market is in panic but we will see it settle down after a while.

Panic selling seems to have started to calm down owing to progress in adjustments of huge long-margin positions and declines in margin calls.