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

To: NOW who wrote (41540)	11/16/2003 7:06:44 PM
From: macavity	Read Replies (1) \| Respond to of 74559

Japan has a lot of stocks like that. I cant monitor them. I was shocked to see it at the time - a new 5 year high in a motor stock. Compare and contrast with GM and Ford. The catch is all the non-international companies are a disaster - banks, construction etc. They have not had competition to force them to change, just pork belly projects and a rigged yield curve. Nikkei225 is price-weighted so it is a bit of a scam. Great for manipulating! Nikkei300 is cap-weighted and there are futures but not that liquid. Still N225 just above 10K as I write. -macavity