Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : 1998 Election impact on market -- Ignore unavailable to you. Want to Upgrade?

To: Roger A. Babb who wrote (12)	11/3/1998 1:02:00 AM
From: mchip	Respond to of 26

Just a thought… The market is constantly infused with new money (how many Billions per month available for investment?). The baby boomers are in their highest earning years, and their dollars are going to the market. 401's and Mutual funds are so popular today, everyone is in... and not watching…Why? Because we have been taught that over the long term the market will go up. Correct or not Billions of investment dollars are hard to fight. When will it end?? I don't know, but until steady income needs hits the Baby Boomers, and their dollars move, the investment pressure on the market can override many historical market movements/patterns. The 401 statements are out… yeah… some losses are seen. But again… Joe 401K does not worry. For so many years “buy on the dips” has worked when will it end? I don't know, but there are more people sending $'s to funds and 401's today than ever before. Elections Yeah… they will cause short term volatility. And I agree with your 1.2.3. consensus. But I feel this market has 4-5 more years of upside in high PE valuation. (no comment on the Internuts!!)