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"<FONT
face="Courier New" color=#000000 size=3>But will they be prey ... or
predator?
<FONT
face="Courier New">
There's always more
prey than predators around. Besides, it's the wisest (most experienced)
predators that make the most, meaning late-term boomers and some genXers
feeding to gen Y's. It's the same age-old game just with bigger
sums.
<FONT face=Tahoma
size=2>-----Original Message-----From: John Nelson
[mailto:trader@xxxxxxxxxxxxxxx]Sent: Sunday, December 30, 2001 9:55
PMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT] Re:
S&P Long Term - bull/bear?But will they be
prey ... or predator?There's room to argue both sides...--
JohnBrian wrote:> "the Y generation is sharper and less
naive than my generation, and > won't tolerate nonsense or unprofitable
pursuits">> >> It seems the Y generation has
been raised in an atmosphere of raging > bull markets, over inflated
stock options and flashy advertising. > They will be more
consumption oriented because they've grown up in the > face of
unparralled mass marketing efforts (television, etc) than any >
generation before. Collectively Y generation types will be as strong
> if not stronger consumers than prior generations. They'll be
more > risk-tolerant, more fashion concious (gravitating to what's
> fashionable) and willing to pay up for the coolest gadgets.
They'll > be willing to bid prices up to get what they feel they're
entitled > to. That's been the trend at least and what's to stop
it as parents > teach their childern, who in turn teach their childern
and so on. > Couple that with more and more marketing (tv,
internet, radio, and who > knows what in the future) and what's going
to reverse the trend? >> >>
>> -----Original Message-----> *From:* John Nelson
[mailto:trader@xxxxxxxxxxxxxxx]> *Sent:* Sunday, December 30, 2001 7:57
PM> *To:* realtraders@xxxxxxxxxxxxxxx> *Subject:* Re: [RT] Re:
S&P Long Term - bull/bear?>>>
Each successive generation (and by the way, "generations" do
not> arrive at>
discrete times but are constantly emerging) will IMHO be more and
more> consumption oriented. The "me"
generation that grew up in the 80's is> now
entering the workforce and will be spending their own
disposable> income to feed their need to wallow
in tangible goods and superficial>
entertainments.>> The Y generation
(again IMHO) has experienced little in the way
of> economic, social or political difficulties
and although they face>
their> futures with optimism, I suspect they
are spiritually and>
intellectually> unprepared for serious economic
or financial pain.>> A friend of mine
disagrees, pointing out that in his experience, the
Y> generation is sharper and less naive than my
generation, and won't> tolerate nonsense or
unprofitable pursuits, making them very shrewd>
consumers and workers.>> Well, we shall
see but its obvious that I have my
doubts.>> --
John>>> On Thu, 27 Dec 2001,
bondo92677 wrote:>> > I used to
always think the boomers ruled. It worked
in> assessing
the> > demand led wage spiral 70s,
homebuying 80s and investment boom 90s.> >
But lately I've realized that Generation Y (those born
between> 77-95)>
> far outstrip the boomers in sheer number and will make up a third
of> > the US population by 2020. These
teenagers will be soon be entering> > the
workforce and will be huge consumers. Could be the mid 60s
all> > over
again.>> --
>>
__________________________________________________________>>
John T. Nelson
| John's Trading Journal>
trader@xxxxxxxxxxxxxxx | <A
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