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

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To: Sandy J who wrote (3064)1/25/1998 2:20:00 AM
From: Tim Bagwell  Read Replies (1) of 42834
 
do I pull my money into cash and wait to take advantage of the dip I feel fairly certain will come?

It's a question we would all love to know the answer to. My guess is that if you're in the market then you should stay the course. If there is a dip then you'll have to ride it out. Don't take the tax hit just because of this event.

However, if you have cash then you might want to take Bob's targets and discount them a bit for this latest uncertainty. I think there is a good chance the market could fall below Bob's targets for a period of time.

I'm thinking something around 90 for SPY. But its just a guess, of course.
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