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To: gerard mangiardi who wrote (44788)	4/17/1998 8:29:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 61433

The baby boomers start to retire in ten years and if that buying power isn't replaced that will mark the peak of this secular bull market. Gerard, Your point was left out of the analysis. Glenn

To: gerard mangiardi who wrote (44788)	4/17/1998 9:32:00 PM
From: Chris Anderson	Read Replies (2) \| Respond to of 61433

Some thoughts with respect to the baby boomers. The baby boomers, by most definitions, were born between 1946 and 1964. Therefore, the FIRST baby boomers will begin to retire in 2006 (assuming they work to age 60) But, by no means does this mark the peak or any where near the peak of the baby boomer population "bubble." According to census data, the peak is pretty symmetrical with respect to the end points of the baby boomers. In other words, the majority of the baby boomers are clustered around a birth date half way between 1946 and 1964, in other words, 1955. These baby boomers will begin to retire in 2015. If the bull market has any correlation to the baby boomers, this, in my opinion, may mark the end of the long bull run. I am planning on being happily retired in Florida by then and wish similar luck to all on this thread. Chris