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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Michael Watkins who wrote (46681)	4/16/2000 7:11:00 PM
From: James R. Barrett	Read Replies (1) of 99985

There is a hell of a lot more money flowing into the stock market today than there was in 1987. 401K's were just becoming popular in 1987. Now just about everybody has a 401K. Week after week, month after month 4% to 15% of the gross pay of millions of Americans goes into the stock market. I don't even know anyone who doesn't have a 401K. My son bought more XLK and QQQ on Friday. I told him the market might go down again on Monday. He said "so what, I won't need the money for 30 years." Jim

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