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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: NOW who wrote (73100)	2/28/2001 2:13:01 PM
From: yard_man	Read Replies (2) of 436258

I have no idea when Japan recovers -- all I know is Japan has been in a very long bear market and economic dowturn. The govmnt has continued to screw up and make policy mistakes while at the same time the US is in a historic bubble and US denominated assets are way overvalued and way overowned ... it is enough for me to know that capital will flee the US and that Japan is not similarly in a bubble ... again, I'm not looking to pick THE bottom, but I am sure that when the Japan economy shows signs of life, the stock market over there will be up 30 - 50% in USD terms. Let's watch ...

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