I'm long and hoping. Commodities and energy of all things. many shares I bough 100-150 dollars ago. I am the proverbial "bag-holder," the dumb money. luckily I have a 30 year time horizon...
you'll need the 30 years. I have a question: is there any data on baby boomer withdrawls? I'm just wondering how many of them are still holding on and how many have cashed in the chips. These guys have only a 5-10 year horizon and have made no money in the last 10 years.
It's been 8 years or so since I saw any data but boomers had delayed investing and were making up for it by investing a lot. Again, that was 8 years ago, though. Be interesting if anybody else has any data.
sphira smoke and mirrors by the men behind the curtain - DOW 3000 by 2010 ===================================== Agreed on, good call sphira! DOW 3800/4100 by 2010. First stop at 5777, to 6000 (MAYAN CALENDAR). NEW BULL MARKET starting in 2012. (MAYAN CALENDAR.) trade well perr