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.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Bonnie Bear who wrote (7965)	10/27/1997 8:48:00 PM
From: Tommaso	Respond to of 94695

Well, I hope Tice or his successor is more reliable than the US government. Many years ago they told me I had a retirement account that I could put into and take out of any time and only pay income tax, and gradually more and more restrictions got slapped on until it was an extra 10 percent penalty if I took anything out. I agree completely with you and with Tice right now, but if average yields get to 5% and P/Es to 10 and they are still short, I think I will get out. At which point the fund should be worth several times what it is now, and in a bear market.