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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Psycho-Social who wrote (26374)	2/2/2002 4:56:48 PM
From: LTK007	Read Replies (1) \| Respond to of 99280

i understand your concept,psy,but i am ever more leaning to view the Boom demographic is perhaps suffering an early "burn-out".This extaordinarily robust new house buying since the the market high raises to my mind the question of how many Boomers cashed out set for life and have been pouring that into hard assets. Let's face it there were plenty who rode this wild Bull from 91 to early 2000 and exited in time and are not about to come back to the market on a speculative basis--they don't need too. Sad thing possibility is that money the is trying to re-ignite preposterous bubble valuations,could be primarily those that either missed the party or watched their early retirement go down the tubes,because they did not sell. By 2003 i think we can resolve this issue. Like i say,our economy is o.k.,it is the overvalued stock market that threatens this country.