SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: J.T. who wrote (1587)11/30/1999 9:32:00 AM
From: Matthew L. Jones  Read Replies (1) of 19219
 
JT,

I am with Twick on the big picture. Big picture, I don't see how this market goes anywhere but up. Think of the overall supply and demand.

There is huge demand (very little competition to the stock market) and gobs of money coming in every day. It's demographics. Baby boomers are not going to have social security in all likelihood. That means that we have to be invested whether we like it or not. The fact is, where else are we going to put our money? Bonds? LOL! Foreign markets? LHOL! The passbook savings account? LOL!

The market will no doubt have to have it's pressure relieving pull backs, but there is no way that the market goes down huge until the boomers start pulling money out and putting it into bonds 10-15 years away. By then, the busters will be hot on our trails pumping their money in. The real big one happens when the negative population growth catches up with us (if it does).

Big picture, this baby goes straight up. We are writing history here. Sure, we have pullbacks and corrections along the way, to take the steam off, but then forward at full throttle again.

Matt
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext