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Pastimes : Ask Mohan about the Market

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To: Bilow who wrote (9655)11/28/1997 9:37:00 AM
From: Bruce A. Thompson  Read Replies (1) of 18056
 
Bilow, >>You know, even if the SEA wasn't Continuing to have problems, that is no reason why our market should remain so overvalued<<

After you, Zeev, and the rest of you guys stayed up to the wee hours last night taking Malthusiam natural resource theories all the way to the sub-atomic level, I would hope you could figure out the steam in this economy. IMHO I see Baby Boomers in their prime earning years putting all they can ($25BB monthly) into mutual funds and leaving it there no matter what happens to the market as being the reason for this raging bull. They believe (like me) that Social Security will long since have been spent for all kinds of social issues so they are saving for their golden years. I just don"t see me being the last one with $$ in the market when they all start retiring and begin pulling it out instead of putting it in.

Bruce
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