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Re: ogm post# 371759

Sunday, 03/20/2005 11:08:20 AM

Sunday, March 20, 2005 11:08:20 AM

Post# of 704041
Well said. I am seeing the same thing in the charts. I don't see where sustainable market improvement can come from when the average J6P simply doesn't have the extra cash to put into the market, in addition to an unwillingness to risk further losses after those sustained in 2000. Foreigners are hesitant due to the falling value of the dollar. Without cash flowing into equities, how can the market rise? No doubt, that is why The Street is salivating over the prospect of private ss accounts, hoping it will give the market the same sort of cash injection IRA's did when they came into existence.

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