Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: MrGreenJeans who wrote (10495)	12/17/1999 6:26:00 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 15132

MGJ: Re: " IMO this market looks like it may be ready to rock and roll on the downside. An expected return of 8% does not look all that attractive to me, thank you Abby Joseph Cohen, when I can receive 6% in a money market fund and sidestep the volitility that is about to come...I will be raising cash before year end." Not only that, but the yield on your MM will likely go up in the near term. BTW, AJC says her targets are conservative FWIW. S & P 500 has hit the SPY 143 ceiling and has only closed above it once before fading. So we have trading range market with a 10% downside IMO. The NAZ is in a world of its own and is much more vulnerable to a correction which exceeds 10%. Yeah, I know that was real insightful but what else can I say? I like selected financials because I can get over 4% yield on average while I wait for the inevitable slowdown or takeover speculation or both in the sector. Main risk is in timing IMO and a recession. These stocks could go lower no doubt but this is a good time to take a stand for a trade or the long term. Cash looks good too.