Had a discussion with several folks in my company today, these folks are around 60 years old, they are really worried about the retirement life, and some of them are not waiting for the full market recover, have already started rolling out of the mutual fund in their 401K account, the average account size is around 0.5M - 1M. The March bottom may not be able to hold in the next leg down if this trend continues.
The economy may be bottoming or could have been already bottomed, but the baby boomers could keep selling, we may get a disconnected stock market, you know the market is always irrational
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发表于 2009-5-21 01:57 AM
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发表于 2009-5-21 08:23 AM