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To: SKIP PAUL who wrote (26771)4/11/1999 11:08:00 PM
From: MileHigh  Read Replies (1) | Respond to of 152472
 
OTOT

Skip,

Harry Dent has a theory that I believe in as well that all the boomers are in their prime earning years and investing for the LT in stocks for retirement. So, IF they invest in funds that have to be 80-90% fully invested at all times, then the fund managers HAVE TO buy something as the money flows keep coming in. This is a simple but powerful theory IMHO. Sure there will be corrections, but "buy the dip" is the modus operendi (sp) for now....What else are you going to buy Bonds!?!?

MileHigh



To: SKIP PAUL who wrote (26771)4/12/1999 10:06:00 AM
From: Art Bechhoefer  Read Replies (1) | Respond to of 152472
 
For the markets to go down, all it takes is a couple of earnings warnings from companies like Compaq . . . Note the market action this morning.