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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 61.79-12.3%Jan 30 4:00 PM EST

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To: ajtj99 who wrote (9946)7/15/2003 7:10:49 PM
From: sandeep  Read Replies (1) of 208176
 
Your analysis of China versus India is completely flawed. Today, in almost any part of India, one can get anything that we can get in US. In fact, this has become an impediment in figuring out gifts to take to India! The indian middle class is extremely strong - and very much like the middle class in US. The number of enterprising people in India is not impeded by the class structure because the structure you speak of is an ancient memory in most cities - which is where the population has gravitated to.

In my mind, since the similarities I have found in American middle class thinking and Indian middle class thinking are so strong, this is a good way to combat China in the long term.
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