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

To: Raymond Duray who wrote (43698)	12/20/2003 3:08:40 AM
From: Seeker of Truth	Read Replies (1) \| Respond to of 74559

I don't understand your post. For example what boomers are you talking about? European boomers? Chinese boomers? And if US "boomers" dump the Dow-Jones stocks how does that affect us who don't invest in the US? As for short term speculation, I personally believe that if long term investors are very few then it's quite possible that they will make the most money. And the whole 2008 phenomenon has been much exaggerated, IMHO. Certainly the people who retire will disinvest. But suppose you were born in 1946. Today you are 57. Just yesterday you were fired as your company downsized. What are your chances of getting a job? Exactly. So it's now that you begin disinvesting. By 2008 lots of people will have done so. Probably it began in 2001. Many people who are employable will continue to work after 65 because they are scared to do without an income. All in all the US market will be depressed by the retirements but not necessarily with any particular spike. So I think. Never mind about 2008, TEOTWAWKI will come sooner than that. Did you see Bush's statement about Libya? If Ghadaffi doesn't start arresting supporters of the Palestinians, ("terrorists") then he will get the treatment given Sadaam. The expense of "cleaning" out the Arab and Persian world will sink the US economy before 2008, IMO.