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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Vitalsigns who wrote (75504)	4/21/2001 1:17:06 AM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 99985

Hi Vitals, How are you ? I see that the recent ADX news finally got you out of hibernation over on the SH board LOL. 'They may be the only economy in the world left to cure the inventory glut woes presently experienced in USA, Japan, and Europe.' I spent two weeks there last September (Beijing, Hanzhou and a few points in between). It was not what I expected. Motor vehicles are becoming dominant, nice modern highways, cell phones everywhere (net access in the hotels was crappy but available), and a burgeoning middle class. The people are hungry for what North America has. Consider that Canada's population would easily fit into Shanghai and Beijing with room to spare. The market IS enormous, the large number of rural and nomadic peoples notwithstanding. Of course this is all anecdotal but I've got to go with my eyes. Of course some of our over capacity issues can only be solved by continental consumption but it would be a heck of a jump start. regards (Still waiting on that ADX train :0) Kastel