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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 336.34+0.3%Jan 2 4:00 PM EST
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To: marc ultra who wrote (5331)7/4/2010 9:49:08 PM
From: Investor21 Recommendation   of 10065
 
Re: "So the only issue then is where is the bottom of this correction? The correction is currently at 16% off the 1217 high. If it proves correct that we're not in a bear market that will reach 20% off the highs, than we're pretty close to the bottom of this correction and there should be huge gains ahead from these levels."

I hope you're right. I've been nibbling on equities over the past week or two, mainly because I can't find anywhere else to invest my funds. Zero for a money market? 3% for GNMAs? <1% for T-Notes? Bond funds at record low interest rates? CDs at 1% or less?

Not too compelling.

Best wishes,

I2
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