Nikkei 1995 vs Nikkei 2011

It was only 2 days into 3rd week of March 2011 but it seems like reminiscent of a stock market which displayed the same kind of ferocity I have experienced during the financial crisis of 2008-2009. Apart from the tepid sell-down in Asian regional bourses, the real action was in Japanese market. It was literally hammered by the massive destruction brought about by the 8.9 magnitude earthquake and tsunami, which was worsened by a nuclear crisis. For those who had missed out on the plunge, I suppose there are plenty of opportunities that lie ahead as we are still in early days. Simply by comparing the chart of Nikkei in 1995 after the Kobe earthquake and the current crisis, it seems pretty obvious the downtrend will last for weeks or even months. Anyway, the dive was overdone in my opinion and we should be seeing a rebound soon which will be a second killing ground for a lot of speculators. By the way, some of my foreign colleagues were affected in this crisis and some even lost their homes or families entirely in the process. Kudos to my association, it has decided to set up a relief fund and needless to say, profits will go towards this fund.