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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: macavity who wrote (52077)8/4/2004 11:14:45 PM
From: Taikun  Read Replies (1) of 74559
 
Could you please clarify. Do you mean it has bottomed or is at a high? I'm trying to understand this.

I think Japan bottomed October 2002. I started building a position through 2002.

The P/E for EWJ, the tracker stock, at 17.72, isn't cheap. Do you have data for the forward P/E? Maybe that would be better to look at.

finance.yahoo.com

Canada, EWC, has a P/E of 14.59

finance.yahoo.com
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