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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (15060)9/21/2001 10:25:44 PM
From: Alan Whirlwind  Read Replies (1) | Respond to of 42834
 
Hi Kirk,

Most of what I have is in gold and energy so I have been able to weather the drop, but even I am down--the downdraft is hurting everything. My fiancee lost 12,000 in one day in one mutual fund. The same day she had a bond fund that went up 8,000. That was Monday of course.

Downward movement will feed on itself. There could be a panic yet even from here to get out with something.

Bush needs to prosecute this thing quickly before we reach that point.

Investors should be 15% in gold right now minimum. A panic in the markets from here will go into precious metals.



To: Kirk © who wrote (15060)9/23/2001 12:52:33 AM
From: Math Junkie  Read Replies (1) | Respond to of 42834
 
As imperfect as Brinker's advice may be, I have to thank my lucky stars that he taught me about the need for bonds when nearing retirement.


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