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


To: Lars who wrote (346)8/27/1998 10:39:00 PM
From: Investor2  Read Replies (1) | Respond to of 15132
 
I'm glad you liked my post.

RE: "I think we now have a gift horse opportunity imho."

I think you may be right, Lars, especially if we get a little more of a drop from here. I'm hoping for one or two more down days. I sent a check to a total market index fund a few days ago and, knowing my mail service, it probably won't get there until tomorrow or Monday.

I'm glad I rebalanced my asset allocation prior to this drop. It took Bob's constant urging for a couple of weekends, but I finally got off of my lazy ^&(*)#$ and moved some money from my overweighted equity positions into the GNMA fund. My bonds and GNMAs have been doing very well.

I tried to buy a couple of individual stocks today, but the panic wasn't sufficient to drive the prices down to my very greedy buy limits. Oh well, maybe tomorrow.

Enough rambling,

I2