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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: Gersh Avery who wrote (3378)7/15/2002 10:51:13 PM
From: GROUND ZERO™  Read Replies (3) | Respond to of 207331
 
At that time the baby boomers will expect their retirement income from their pension plans and 401k's, or sooner... in fact, just about any time between now and then..... it won't be pretty, but these markets are only the half of it... by the time the DOW approaches 4000, the real estate market will begin its slide as well... when these baby boomers want to sell their large family homes and move into something smaller, who will buy their big homes? No one will have the money, and they'll be on the block for half price.....

GZ



To: Gersh Avery who wrote (3378)7/16/2002 12:22:26 PM
From: Chip McVickar  Read Replies (2) | Respond to of 207331
 
I disagree with your entire assumption that "baby bommers" will retire in poverty.

The public will be back buying more conservatively as soon as they see that regulatory and accounting changes are in place to secure corporate integrity. That may not come until after November elections when the present administration most likely will become a lame duck.


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