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To: paulmcg0 who wrote (71383)	10/23/1999 5:36:00 AM
From: heraclitus	Read Replies (1) of 86076

I just received one of these "teaser" newsletters from Robert Young. He claims that this market can NOT crash. His reason stated is demographics. Mr. Young claims that the boomers will inherit over $10 trillion and will invest this money in the market. I have some questions about this theory: 1) Where is the $10 trillion now? 2) If it is already in the market and the government is going to siphon off a large percentage in inheritance taxes to squander on social programs, isn't this a net loss to market liquidity? Any opinions? regards homer

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