Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Stock Farmer who wrote (17623)	3/30/2002 9:19:44 PM
From: AC Flyer	Read Replies (2) of 74559

>>This is "conventional" wisdom. Centered around the mean age of the boomers.<< Yes, it is. What, do you really expect to see original thinking on SI? :) Conventional wisdom is not always wrong, though, particularly when it is supportable with easily verifiable fact. >>The oldest of the boomers are retiring now!<< Maybe retiring early now. The baby boom began after WWII and peaked around 1957, I believe. We should be good to go until 2010 +/-2. I am comfortable with this kind of macro market-timing. >>Seems to me you are saying "it's going to go up for a while before it goes down"...<< That's exactly what I am saying. It's not exactly a mind-blowing insight, but it is a very different position from "it has to go down now because valuations are too high and there's too much debt."

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