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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 668.73

+1.5%

Nov 24 4:00 PM EST

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To: j g cordes who wrote (37503)	7/8/2002 2:43:39 AM
From: Johnny Canuck	Read Replies (1) of 68255

>>.. thus many recent buyers would find themselves under >>financed having paid too much for a depreciating asset. It may happen sooner than most think. A large portion of the baby boomers turn 55 in 2007. Given their increasing active life style and the fact that many got burned by the stock markets, many might be downsiding into condos in order to unlook the equity. It is important to remember that the Gen X group is quite a bit smaller demographically. As a result, it may be a buyers market with more sellers than buyers.

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