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Strategies & Market Trends : News Links and Chart Links

SPXL 219.06

-0.5%

Dec 15 4:00 PM EST

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To: Les H who wrote (3382)	10/26/2002 2:26:35 PM
From: James F. Hopkins	of 29603

Some of the misconception about this bear market are caused by people hung up looking in the rear view mirror. ----------------- The SEC thought they fixed the problem of margin, but the market got ( and still is ) margined in ways they didn't consider. --------------- Any , retirement fund, corporation buy back , or individual who buys stock while in debt is using margin indirectly, but it's margin just the same. An aging population has already stated to "retire" ( 50% of the boomers didn't & don't plan on working until 62,) the real liabilities of retirement & pension funds have been hidden in an assumption the stock market was going to keep going up. Also We could have an economic recovery and still find that stocks have lost their luster. ----------------- Jim

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