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


To: TobagoJack who wrote (25865)12/2/2002 12:30:53 PM
From: AC Flyer  Read Replies (3) | Respond to of 74559
 
>>realize that you will be right about the baby boom / bust powered equity declines, anticipate its damage, and starting to get out of the way much earlier than you anticipate.<<

I'm not sure that will happen, Jay. This idea of demographics-driven stock market performance is so obvious, so obviously right and yet has received virtually zero acceptance on Wall Street and Main Street to-date. I think that the reason for this is that it completely invalidates the mystical incantations invoked by Wall Street professionals and that the general populace is so mathematically illiterate that they do not understand it.



To: TobagoJack who wrote (25865)12/2/2002 10:50:47 PM
From: Cogito Ergo Sum  Respond to of 74559
 
And yet Jay if everyone recognizes it sooner than later... It happens sooner than later...

One of those self fulfilling things no ? It's all so complicated I think a good 12 step programme is in order so I can just take things one day at a time ... :o)



To: TobagoJack who wrote (25865)12/3/2002 10:29:40 PM
From: Jim Fleming  Respond to of 74559
 
re Japanomics

Foreign banks pulling out.
quote.bloomberg.com

Jim