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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bill Ounce who wrote (48291)8/24/2000 6:53:58 AM
From: William H Huebl  Read Replies (1) of 94695
 
One thing is major different this time... THE SCY RATIO IS AT HISTORIC LOWS!!! And in none of the times you refer to was it this low.

This means if you are in cash exquivalents, you are not only safe, but you win. In periods like this, you can only win if you are a good stock picker or a good mutual fund picker.

Since, I am neither, I have been in cash equivalents for a year and sleeping like a baby!

I believe the only way out of the current predicament is for AG to lower rates... but that would only be a short-term measure because the markets would sky-rocket and we would be back where we started...

BWDIK?
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