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Strategies & Market Trends : Roger's 1998 Short Picks
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To: peter michaelson who wrote (13509)9/5/1998 11:53:00 PM
From: Market Tracker  Read Replies (1) of 18691
 
Peter, I don't know if the rate of savings will increase or not, but I'd bet many a 401-K plan or IRA may have it's funds re-positioned into more stabile investment vehicles than had previously been the case. The baby boomers, in the past, have been notoriously deficient in their savings programs, and the recent market declines are going to set some of them back quite a bit from their planned saving schedule. We are certainly going to be seeing a reduction in the "wealth effect" upon the general population, unless *everyone* is now short. (:-)

MT
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