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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?

To: Nandu who wrote (1952)	3/3/1999 9:22:00 PM
From: dpl	Respond to of 5810

""This time it is different", of course, belongs to the famous last words category. Still, one difference is all the automatic stuff like 401(k) deductions and IRA deductions that steadily move money into the coffers of mutual fund managers. I figure this will last a while, at least till the boomers all retire." I really don't want to keep this discussion up here since it is off topic. Let me say this.All this means is the bubble becomes bigger and the bust bigger when it comes.Also markets tend to stop(bull or bear) before it makes "sense".There are too many people who "know" the boomers will add money "X" amount more years. :-) One more thing about 401-k money.There are two sources.The steady money going into the market from people already in and the "new" money. Of these the "new" money is probably the biggest and may be getting close to saturation.After all you cannot have more that 100% of anything and "100%" here is probably a lot less than 100%. That is enough.If you want to talk more please PM me.This is really a tax thread. Happy trading..David