Bob Brinker: Market Savant & Radio Host Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MrGreenJeans who wrote (5116)	5/23/1998 12:07:00 PM
From: Kirk ©	of 42834

2. Partially invested-taking money off the table, taking profits, because the market is priced to perfection-being cautious. Went from 95% to 91% (rough equity : Fixed income ratio) selling over valued (very temporary) company stock in 401K plan and buying intermediate bonds just before stock dropped 20%. Did it in 3 moves of about 1% each. Now considering buying back in if it goes into bargain basement level which is only a few $ away due to market over reaction to not meeting analysists expectations. Also sold some taxable company stock at the good price to have funds for bargain hunting and/or a vacation. Friday last, did a 1% shift in weighting from US to Europe. Sold TR Price Sci & Tech last week after it was up 20% at that time and put the $ into TRP Europe. S&T down 3.5% this week and Europe up 2.3% so I feel really smart today! Still looking for more. maybe do another 2% shift using 401K from S&P 500 to Templeton Foreign which is 50% in Europe. Why you ask? I'm overweighted in US and under in Foreign and Fixed. Now that US has much less upside (unless I see some good trades) I still think Europe and the rest has a few more yrs of above average returns. I also think bonds will drift lower so it isn't a bad parking place though I am considering using MMF to park money from selling on highs and buying on dips since market and interest rates are coupled lately. Will you tabulate the results? regards Kirk out

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next