re: gann bearish again - djia 15,000 soon? I read an article months ago about the US retirement system and how people were losing confidence in Social Security there and not happy with the amount even if it does survive long-term. Seems that many, particularly baby-boomers who are looking at retiring in 5-10 years, have been pumping lots of money into 401k retirement funds. Pretty much the same problem as Australia...a lot of money looking for someplace to go...and the stock market is the usual place to put it...
You'd think that would provide a fair amount of bias towards the upside....
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