Matt Barrow wrote:

"Matt Whiting" wrote in message
...

Mike Rapoport wrote:


"Matt Barrow" wrote in message
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"Mike Rapoport" wrote in message
arthlink.net...


"Matt Barrow" wrote in message
...


"Mike Rapoport" wrote in message
news

Given that only a small percentage of Chineese are participating in

their


"new" economy, it will be a long time before this happens. Remember

that


Japan's economy stalled after they became (and remain) the richest

developed


nation on a per capita basis.


Even after their economy puked, what, 2/3rds of it's value?
--
Matt
---------------------
Matthew W. Barrow
Site-Fill Homes, LLC.
Montrose, CO


How are you arriving at that?


What was the NIKKEI at it's peak and bottom? It's now at 11,045 and

wasn't

it at around 40,000 at it's peak in 1990?



That is ridculous. Economies are not measured by stock market

valuations.

The GDP of Japan is larger now than ever before. How would you rate the

US

economy on that metric? The Nasdaq is down 61% from its high five years
ago.

Very true. Stock market valuations measure only the investing
communities optimitism or pessimism about future stock prices. :-)


Based on..... :~)

The Intelligent Investor by Benjamin Graham.


Matt