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Strategies & Market Trends : Waiting for the big Kahuna
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To: Bonnie Bear who wrote (7752)10/27/1997 3:13:00 PM
From: Real Man  Read Replies (1) of 94695
 
True. My homework long-term trend on the DOW indicates
4000 trend price. That is,
if it does not overshoot - which happens all the time. On Japan,
however, the long-term trend gives around 40,000 on Nikkei.
This is also illustrated by HIT vs GE. Companies of similar size
(sales & book), one costs 7 times less than the other. I definitely
know that I will NOT buy the dip on the DOW. I will buy Japan, and
I will start to look at China. -Vi
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