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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (17126)3/20/2002 5:56:17 PM
From: AC Flyer  Respond to of 74559
 
Come on DAK, don't be shy. You can post to me directly. I promise I won't bite. :)

And yes, I agree with you, that's exactly the implication of Dent's analysis with regard to the stock market - the "modified greater fool theory". The boomers are going to keep buying stocks, even though the valuations of many (not all - still plenty of value out there if you look) stocks are ridiculous by traditional measures.


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