MG, I Don't AGREE!!! just because I don't wannna....
I know you are probably right, but I don't want you to be right! So therefore I don't want to believe you're right, and therefore I'm going to ignore you. Your news and point of view are not fun, I can't make me money, it don't sound good, But, But I know you are probably right.
Everytime I come to this point in the thinking process I either go get another glass of wine or turn on CNBC - they've got good news - there's a sharp rally right around the corner, in fact right now Phil Roth from MWD is saying "there is a sharp rally right around the corner." But keep your powder dry! He says go buy ORCL! He can't see the screen right beside him where the DOW is down 321 (edit: -378)! hmmmmmm rally?
Berney started me on the "conservation of capitol" trail more than two years ago. In fact his philosophy, and mine now, say we can make good money just by avoiding the big drops.
But one thing you said or implied is that the money market funds may, may, not be the ultimate safety device. So what else can I do? I can go look inside the Fidelity family and see if they have bond funds? Ideas and non-binding comments would be appreciated.!. ngng (What about winter-time cat herding????) gggg C'mon, Steve smile a little!!!! Might as well!
I know these are hollow words but good luck anyway!
Remember 9/11/01
Paul K. |