Bonds, Currencies, Commodities and Index Futures Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GROUND ZERO™ who wrote (8921)	12/31/2005 12:18:39 PM
From: Gersh Avery	Read Replies (2) of 12411

Years ago, Jim Hopkins and I were talking about baby boomer cash out time. Boomers, getting ready for retirement, were pumping large blocks of cash into the stock market. This was the root cause of the late 90's run up. Some day they will want to withdraw their money. If they all did that at the same time the S&P would be near 0. That won't happen, of course. What will take place, is that more and more will retire and collect from their pensions and 401s. The key is, when do the withdrawals and overhead exceed the deposits? It was the late 90's when we were chatting on the topic. Jim thought that 2008 would be the time that the cross over took place. I thought it would be sooner. The market is about to hit a brick wall. I was watching CNBC last week. Bob Pisanni was on his "Santa Rally" ra ra kick. He explained that the last five trading days of the year followed by the first 2 of the new year were historically massive up times for the market. The reason was that the pension funds had to make purchases for their accounts. The fact that the funds were not making these purchases is telling to me. Are we there yet???? We just might be ....

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next