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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Seeker of Truth who wrote (36084)7/14/2003 2:56:52 PM
From: energyplay  Respond to of 74559
 
Hi Malcolm - "Preferably outside the U.S. " You are almost making the case for the China and Japan markets.

China - saving like crazy, growing fast, but market has some popularity. P/Es all over the place, but some low. Some dividend payers.

Japan - market still unpopluar, modest savings, low P/Es.

Both have balance of payments going the other way.
Both face danger of rising currency...



To: Seeker of Truth who wrote (36084)7/14/2003 4:04:00 PM
From: AC Flyer  Respond to of 74559
 
>>AC(Why not DC?) Flyer<<

Now, now, let's not get personal.

>>Did you ever see a real bull market that lasted much more than one decade?<<

Yes. The Great US Bull Market of 1982-2009. Twenty seven years. Not too shabby.

>>I saw one in Japan, starting in 1965. P/E's were mostly single digit. Yields were higher than inflation.<<

Sounds exactly like the US in 1982. I know you're old enough to remember this. Maybe not buying stocks back then, though.

>>Can one make some money these days in the stock market? I think one can, but preferably outside the U.S. In the U.S. the stocks look most vulnerable<<

Don't you think that you're painting with a brush that's just a little too broad?