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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (25865)12/2/2002 12:30:53 PM
From: AC Flyer  Read Replies (3) of 74559
 
>>realize that you will be right about the baby boom / bust powered equity declines, anticipate its damage, and starting to get out of the way much earlier than you anticipate.<<

I'm not sure that will happen, Jay. This idea of demographics-driven stock market performance is so obvious, so obviously right and yet has received virtually zero acceptance on Wall Street and Main Street to-date. I think that the reason for this is that it completely invalidates the mystical incantations invoked by Wall Street professionals and that the general populace is so mathematically illiterate that they do not understand it.
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