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Pastimes : 15,000,000th Post Grub Contest

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To: country bob who wrote (97)11/23/2000 7:06:46 AM
From: payal42  Read Replies (1) of 694
 
The Scenario today, a year later is completely opposite
of what it was last year - when the Nasdaq would go up
by 100 points a day. no one forsaw that tide will change
so dramitically.
Having said that. i think in all environments -
its apart from stock selections - there should be asset
allocation - at least 35% in money mkt in a portfolio
to take advantage of envirionment like we are in today.
i think there is tremendous buying oppo. if we had the
finance now :) or discpline. i am sure there are few out
there who did not buy stocks, who can make up now.
in a way Mr. Buffet was right having not invested in this
market.
thanks
aditya
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