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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (1721)3/2/2001 2:57:01 AM
From: DukeCrow  Read Replies (1) | Respond to of 52237
 
OT:

JRI, I'm not going to debate with you because I agree with virtually everything you posted. The point I was making is that Japan did a good job of keeping poverty at a minimum and insulating the general population from what has been a horrible downturn. In the US, the poor will suffer much, much more in a severe downturn because they won't be insulated. Maybe if Japan had allowed the population to suffer more, they would have recovered faster (or maybe not because of demographics), but I don't think the Japanese society is wired that way. Who's to say which way is best?

And I don't know which market is closer to a bottom, just wondering what you thought.

Looks like Japan is really tanking right now. I wonder how long before they hit 10,000. Will the Dow be higher than the Nikkei a year from now?

Ali



To: JRI who wrote (1721)3/2/2001 2:58:36 AM
From: napoopoo1  Read Replies (1) | Respond to of 52237
 
JRI, Interesting post. I agree with your points. I am always amazed when I go to a hotel or tourist facility here in Hawaii at the never ending numbers of Japanese Tourists of all ages. Their economic problems do not seem to have slowed down expensive vacations. Perhaps this latest drop in the Nieki will keep them at home. If so, it will have severe consquences here and at other resort destinations. Best wishes and thanks for posting your work. N1


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