Truman
<<...as the market continues to defy Brinker's imputed Marketimer model, it becomes more than obvious that we Money- Talk and Marketimer adherents have lost Brinker as our commander and our guide through these rough seas. His flawed advice of late has cost many of us dearly, not merely for the paper losses but, even more, for the opportunity costs attendant upon his recent recom- mendations. >>
Am I one of the few believers remaining on this thread?
This market is undervalued, based on interest rates and inflation, at these levels. These levels present a strong opportunity to buy in at great prices. Purely political events currently effecting the market, along with panic selling are white noise and temporary. I have been buying for the past two weeks with what remaining funds I have left (yes, the money is running out), but I have no doubt come late this year or early next or sooner I will be profiting.
I noticed a couple of days ago that Abbey Joseph Cohen has increased her equity allocation. Her reputation and money, her job, and partnership prospects at Goldman Sachs, like Bob Brinker's, is on the line and I have no doubt that she too has made the correct call. My prospects on the line are smaller just my net worth.
STAY FULLY INVESTED, KEEP INVESTING, PURCHASE GREAT COMPANIES AT LOWER PRICES, BE PATIENT, AND SOON THIS TOO SHALL PASS.
P.S. In the event I am wrong, Mr. GreenJeans and Mr. Moose are going to the poor house. |