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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Box-By-The-Riviera™ who wrote (4793)10/7/2001 12:06:17 PM
From: Hawkmoon  Read Replies (1) | Respond to of 33421
 
Joel... you'd be surprised how quickly that will turn around if people stop consuming...

Just as all of the trillions of dollars in IRA/401k money has been invested in stocks during the '90s, it could easily be diverted to strictly bonds and money market accounts.

That is, if anyone's still employed and able to contribute to their 401K... :0)

Hawk