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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Logain Ablar who wrote (6278)	6/12/2002 12:02:51 AM
From: John Pitera	Respond to of 33421

Tim, the smart Street strategists are realizing that they are underweight Euroland and Pac Rim Equities. Since it's now know that the USD is in a Bear Market phase and it's not over, Investment managers are building up positions in selected European equities. The same thing is occurring with selected Japanese and Hong Kong Stocks. Look at the EWeb stocks for Japan and HK and names like NSANY. pull up a 3 year chart on that bad boy, look at the trailing , forward PE and Price to sales on it and there's only one conclusion as to where it should be going over the next 2 to 3Q's. also check out the 3 year chart on the old British Steel. now Corus .. CGA. very constructive fundy and technical set up. John