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Strategies & Market Trends : Bull Market until the baby boomers retire?

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To: jim suttle who wrote ()12/29/1996 8:43:00 PM
From: Les H   of 18
 
The leading edge of boomers turned 49 in 1988. The 49ers, as one
brokerage firm called it, are highest paid and saving age group:
49-60. I think what may be just as important, if not more, is the
boomer's parents are starting to die off now as they reach life
expectancy and leaving large amounts to invest.

BUT, since a lot of the money is being invested through mutual funds
as in 401K's, IRA's, trusts, etc., and since mutual funds do most of
the short-term trading, you'll get quick sizable declines like in
July (especially in the Nasdaq) and recoveries.
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