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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Monty Lenard who wrote (42553)8/1/1999 11:29:00 AM
From: clochard  Read Replies (1) | Respond to of 94695
 
>>The working poor(in many cases) is participating in the boom via 401k's.<<

Pretty soon there will be a lot more working poor who will cut their contributions to their 401k to zilch in order to pay their bills after their spouses get laid off. Many will tap their 401ks at a great penalty to the market and the IRS.