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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (53140)7/19/2001 6:52:36 AM
From: robert b furman  Read Replies (2) of 94695
 
Hi Bill,

All I can say is I have huge resect for any trader that can define his trading philosophy and follow thru with it in their trading commitments.

In particular it becomes tough when the market may not make the discipline particularly easy or clear to do.

Your example is to be commended.

As for the boomers pulling their money out of the market due to demographics: It all corrleates very well with your SCY indicator.Current rates (which have yet to bottom) do not yield enough to provide a fixed income.

If you had 2 million bucks in liquid assets - it would yield today 80-100,000 bucks which after tax would leave you 50,000-60,000 to live on.

A million just isn't what a million used to be.

Once again thank you for providing your honest viewpoints.

Bob

P.S. welcome to the long side - we're going to DA MOON.gg
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