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To: Wren who wrote (7771)9/7/1998 1:55:00 PM
From: Joseph G.  Read Replies (2) | Respond to of 42834
 
<<are continual new money inflows from 401Ks and stricter controls on buying on margin.>>
I'm not predicting the future, but most plans allow transfers, and change of premium allocations. Twenty years ago most people had most of their money in money markets and bond funds - because they did much better than stocks in prior fifteen years.

Margin - what about options, futures and other derivatives. Margin on S&P futures is just 4%.