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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lee who wrote (15510)	12/11/2002 4:18:41 PM
From: Dominick	Respond to of 19219

...."Money that retirees are/will be depending on for living expenses..... Unfortunately that is a correct assumption. The public never seems to get it. There is growth and there is income. The market is for growth and income is for a steady inflow of funds for living expenses. If it takes $2,000 to $5000 per month to maintain a standard of living for retirement, then that amount of income must come from DEPENDABLE sources, i.e. social security, pension, bank accounts etc, etc. Not from an UNDEPENDABLE market. When you have a capital gain in an ever changing market, a portion of it is to be removed and put in DEPENDABLE income sources. Why intelligent smart people never seem to get this is beyond me. Dominick