DOW 36000 - Glassman and Hassett Message Board

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To: Sid Turtlman who wrote (29)	12/19/1999 8:23:00 AM
From: Clouseau	Read Replies (1) of 42

Sid - another factor is the river of money needing to be put away for retirement, now that defined benefit pensions are being phased out, generally speaking. So that river has to go somewhere, and arguably propels today's market up and up. If the market turns down due to some exogenous event or change in attitude, where do you suppose that river would go? CDs? Bonds? Metals? I figure your answer to be something other than 'conventional wisdom'! And thanks for your willingness to share your ideas on this thread! TIA Dave

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