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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Skeeter Bug who wrote (150830)2/12/2002 10:45:52 PM
From: Terry Whitman  Read Replies (1) of 436258
 
Good points, all. Can't explain Japan except that the real estate bubble there was even worse than the stock bubble. They had 2 bubbles to recover from- and they haven't done the painful things necessary like cut employment and spending. Poor management by the gov't there too.

Fundamentals do always catch up eventually- Trouble is in the timing- and HOW it catches up too. Maybe it catches up by dropping the market value. Maybe it catches up by improving the bottom line?

Good Luck 2 you too,
TW
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