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 : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: ivan solotaroff who wrote (20438)	8/11/1998 1:16:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79273

Ivan, BMC is the cat in the cross hairs right now. I'm waiting for it to get off the floor. I'm also trying to figure out if the market's made a bottom yet. 30 yr. bond yield down to 5.59%. That's almost enough but not quite. My plan for my retirement money is to move back into an S&P index fund in 3 stages leaving as much in the bond fund that I'm in as long as possible. Right now I'm 60% in the bond fund and 40% in a short term note fund (just in case Greenspan eases). Stage one is to go to 30% S&P...60% bond...10% note. When to do it is the rub. 8/31 is what I get as the most likely best date for a retest of whatever may be a bottom. I'll be doing a full TA of several indices after tomorrow's close. GCTY sure has large cohones. Doug R