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To: MoneyPenny who wrote (1966)	7/20/1999 9:34:00 PM
From: MoneyPenny	Respond to of 4916

links on SI related to prior post re: Japan "To: TheStockFairy who wrote (52428) From: Robert Tuesday, Jul 20 1999 4:59PM ET Respond to Post #52430 of 52466 My original link to the Martin Armstrong article: pei-intl.com And Henry V's responses, who I know we all respect here: Message 10570045 Message 10586376 " Above from the "Naked Truth: BK Myth" thread which is deeply in Bear territory. Bulls are shot and barbequed there as many have QQQ puts and other previously outrageous and risky plays.

To: MoneyPenny who wrote (1966)	7/20/1999 11:10:00 PM
From: Julius Wong	Respond to of 4916

MoneyPenny: My Japanese friends were very bearish about Japanese market, and still are bearish on the Japanese market. Main reason for the bearish view: Aging Population. There are too many old Japanese compared to the number of young Japanese. They think the population ratio will turn around after the year 2005. Julius