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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket. -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (1701)5/2/2000 4:27:00 PM
From: James F. Hopkins  Read Replies (2) | Respond to of 2103
 
The Biggest part of the boomers don't know fraz about what
is going on..they just know they have a pension of some
sort, and that it's in the market and the market always
goes up so they don't worry about it or even trade stocks
there are less than 10% of the people in the market who
do the trading..and about only 3% account for 90% of
the volume. All the rest are happy as a duck in rain
and in it for the long haul ..
---------------
How can the market make every one rich ?
if it's that simple why does anyone even work.
People on SI are an exception to the general rule..
the average ( like my sister ) don't even have any idea
of what the mutual funds she is in owns or does.
About half of them look at their balance every 3 to
4 months..the other half don't even know how to do that.
Jim