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Strategies & Market Trends : Waiting for the big Kahuna

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To: Mark Adams who wrote (48847)10/16/2000 5:45:14 AM
From: William H Huebl  Read Replies (1) of 94695
 
Not to dumb it down too much, but using the SCYR from a RELATIVE standpoint kinda gets by all your objections... I recognize it isn't perfect. It is sitting at .78 today and so could get back down to .70 again easily if the lems buy the market again.

But what it does for ME is give me a conservative measure that I know I can trust so I can move my family "fortune" <ggg> from an "exposed and going nowhere" to a "safe and at least earning 6% interest," position.

So I can sleep, medicine....

Remember, since July 1999 all my money has been in interst bearing cash equivalents... and I KNOW most of the investing public who has been in equities has had some sleepless nights. Believe me, the people at my place of work who switched over when NAZ recently went back up to 4,400 or there abouts are really happy...
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