Takayama

Waiting For Our Sign of Recovery

: When indexes form fresh lows higher than the previous lows, this will be the time to enter a position for the long term.

This is not necessarily so. Please do a study of the most recent greatest stockmarket meltdown in developed countries. The fall of the Great Samurai, and please check where the Nikkei Index is hovering at today.
I still remember this book - Japan as Number One, but not its author. It was quoted the Japan at that time was close to or already had out surpass the USA in many fields and industries, including computer technology and artificial intelligence.
My strategy would likely be based on fundamentals of supply and demand, and the law of cycles.