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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: bill meehan who wrote (51941)7/16/1999 2:43:00 PM
From: wlheatmoon  Read Replies (1) of 86076
 
bill,
heard a guy on National Public Radio yesterday on the daily market show from USC---he said dow would be rationally valued at around 36k....one of the reasons he says that is because of market participation by the masses....there are more and more people getting involved with the market and over the long term, returns are better than bonds......of course, sometime, you've got to hold for 20 years to get it back...-ng-

is there any real data in the percentage of people who are participating in the market today versus the last 50 years or as opposed to 50 years ago,,etc...

whenever i get a chance to watch cnbc,,,i seem to be hearing more kids,,,and i mean 11 and 12 year olds calling in to ask about stocks....wtf is wrong with them? are their parents putting them up to this for kicks?

thanks..
mike
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