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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bull RidaH who wrote (39952)6/21/1999 7:44:00 PM
From: William H Huebl  Read Replies (4) of 94695
 
BK,

Had an extremely successful investor at work today tell me he switched lots of his portfolio to an 11% bond fund... hard to go wrong there...

Now I wonder how many other successful investors are thinking the same thing...

Actually, what tears it for me is normally sensible, totally rational people are coming up with excuse after excuse why the market, even at this extreme (like WHAT EXTREME dude?) can go a bunch higher???

Well at least I warned my family... even if they won't take my advice.

This market needs the greed or it can't go higher.

Bill

PS I stand by my forecast that the market will drop 1,000 DOW points this week, no matter HOW nutso that sounds. What is REALLY telling is that if someone else would forecast that the DOW will rise 1,000 points this week... THAT wouldn't sound crazy!
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