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Train wreck said:
^ The US opening might be interesting, do they go by the gains during the japanese trade or do they trade off the earnings report. I think it will be the latter. We will see in 2 hours.

I'd expect the more advanced investors to go by the japanese trade graph and off the earnings report, since both are available @ opening time. I'm not sure I understood your question though

(jic for the less familiar: the US market (stock) is entirely independent of the Japanese one, yet the japanese one can affect investor trade of the ADR, american one)