looking for high stable long term returns, page-7

Thats a wonderful thing.

There is a whole high rise full of litrature going over every bull and bear market in the history of every market in the world and they all have one thing in common.

Bull markets end in glory and begin in doom.

If the situation was fantastic and going to grow at 5% into pepertuity and the market was up 500% then that is the birth place for a bear market as we have seen.

A market that has gone down for 20yrs and has poor prospects - people will do anything to rid themselves of stock, just as they did from 1929 to 1942.... then prospects improve and everyone wants stock again.

People who look for the opposite end up buying in at the top - just look at all the suckers recently who will eventually sellout at the bottom.

Of course you don't want to be buying when no bottom is in place.

Japan well and truely has that bottom in place now.