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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (79757)	3/16/2008 11:22:57 AM
From: robert b furman	Read Replies (1) of 94695

Hi Vi, Pension is now over funded per Rick Wagonner. I still have my GM retirement vested pension. in the teens is a deal. I went to GMI in Flint Michigan fro 71-76.Mt business finance professor refied his house when GM hit 14 . He announced his position in class. He said he would make enought o pay off his mortgage by the time ouyr class graduated. He DID !! I always remember him sayint to us:As you go back to work (we went to school 6 weeks and then worked in GM plants/facilities for 6 weeks - all year long - had to pay as I went) see if all of GM's assets have decreased by over 50 %. If you disagree with the markets low valuation of those assets - you might consider buying the stock. He was trully one of the great professors in my life.He made every student read the Wall Street Journal.Most griped and I started a habit I've always continued. Below 15 and I'm on GM like white on rice. I'll call it the professor trade.<smile> Bob

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