Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: My Father's Son who wrote (913)	7/16/1997 9:25:00 AM
From: Gary M. Reed	of 42834

To all, Cover of the new Money Magazine has, in bold letters, "Sell Stocks Now." It will be interesting to hear what BB's take on this is. It will also be interesting to see what effect, if any, it will have on the market today. Money Magazine has been the "Bible" for the new breed of Do It Yourselfers investors. They are in part responsible for establishing a "buy and hold" mentality among investors with less than 7-8 yrs investing experience. This has provided funds with a constant inflow of cash to propel the market. I am not a big fan of Money mag, but I realize how much Joe Public relies on their advice. If people start yanking money out of their stock funds en masse, Money's advice could be a self-fulfilling prophecy. Any thoughts? Gary

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