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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (35559)11/8/1998 7:20:00 PM
From: Ramsey Su  Read Replies (2) of 132070
 
MB or other market historians,

1. The Baby Boom generation is investing for retirement and they have secure, well-paying jobs with a lot of money to waste and the level of ignorance required to make stupid gambles at any price. Whoops, that last part is the bear in me editorializing. <G>

Liquidity has to be the driving force of this exuberant market. Are there similar times in the past when there is so much money pouring in? If yes, what happened in the end?

Ramsey
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