Nikkei Opens Lower On Tuesday

The market moved slightly better than sideways today. The dollar is down and oil is up. Dubai insolvency is already out of mind. One might suspect that we are in a level period, for the time being.

Reuters: Nikkei slips as rally runs out of steam; banks down

"The worry and negative sentiment over Dubai that really hit the markets last week has largely disappeared, especially as it seems that even if the debt is postponed, the impact will not be that large..."

Reuters: Oil rises on weak dollar, eyes on Dubai

Signs of a sluggish recovery in oil demand and high fuel stockpiles in the United States have kept a lid on crude prices, which are set for a fall of around 0.5 percent this month, their first decline since July.