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


To: gronieel who wrote (40764)11/24/2008 10:56:53 AM
From: Boca_PETE2 Recommendations  Read Replies (2) | Respond to of 42834
 
"it's not that easy to spot these disasters on the horizon"

Doesn't my statement "After all, it's been 176 years since we experienced similar history." imply that it would be foolish to have expected anyone to spot the implications of the current Global financial disaster in advance? It was meant to!

As for Kirk, I've never subscribed to his newsletter and can't answer your question. It's enough of a challenge just navigating this challenging current situation for myself.

I liked the caller's idea this weekend who threw in the towel after incurring $250,000 losses on the equity portion of his portfolio and put the proceeds into VNGD GNMA Fund for the future until there is evidence of an improved environment.

P