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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (525)	8/17/1996 6:59:00 PM
From: James R. Barrett	of 132070

Mike, your reply to Ed is quite different from mine!! Do you think we could see another 73/74 style bear market? Do you think people would really panic and cash out? Where would they go with the money? Bonds?, CD's? realestate? I don't mind a 25% correction because thats when I will cash in some bond funds and buy stock funds. What scares me is if the market remained flat for 2 or more years. With the baby boomers still looking at a 10+ year time frame I don't think they would cash out at this time. Five years from now will be another story. I'm sure we have Ed confused by now! Good luck! Jim

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