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Steve,
Welcome aboard. I agree on the baby boomers fueling the stock boom
with their 401ks. I'll worry about the baby boomers retiring when that
happens <G>.
Jim
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From: Steve Burns <sburns@xxxxxxxxxxx>
To: 'metastock-list@xxxxxxxxxxxxx'
Subject: New To List
Date: Thursday, September 04, 1997 8:51 AM
This is my first time to the list. Background is nuclear/electrical
engineering. I currently design network computers for a living. Became
interested in trading 10 years ago by collecting books at flea markets and
garage sales. Have collected over 150 books on the market. My wife tells me
I am always looking for a more efficient way to lose money. Now, with MS, I
can really accelerate the process!
I believe we have another decade of bull market due to every Joe Blow baby
boomer (like me) pumping money into 401K plan equity mutual funds. This is
an automatic system with limited short term reactionary control by the
investor. The interesting decade will be when the boomers retire and start
withdrawing their money. Maybe retirement real estate in Florida will yield
a better return than stocks during that period.
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