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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Taikun who wrote (52076)8/4/2004 5:22:33 PM
From: macavity  Read Replies (1) of 74559
 
The turn is never believed.

Whenever The Bottom arrives the majority will disbelieve.
Think of all lows - when was the last time Joe 6-Pack or Yamamoto-San ever said, "Yup Backup the truck I need to get me some of these cheap stocks".

Japan has bottomed!

Look at non bank/ non construction sectors.
They are all at 5 yr highs.
Nissan / Toyota and others.

-macavity
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