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


To: bobby beara who wrote (26106)9/1/1998 10:02:00 PM
From: Joseph G.  Read Replies (1) | Respond to of 94695
 
She recommends 0% cash for conservative investors right now, I recommend 100% cash for same audience...



To: bobby beara who wrote (26106)9/1/1998 10:11:00 PM
From: Andeveron  Read Replies (2) | Respond to of 94695
 
>> Going a step further, she said investors should put more money into stocks. She urged that 72 percent of assets in a balanced portfolio be invested in stocks, up from 65 percent <<

Even if Prechter's doomsday scenario comes to pass, Abby will still tout the same line. The case for a bear market appears strong and yet there was no shortage of buyers today, especially during the third rally attempt. The exuberance will likely continue tomorrow as late arrivals to the party bulk up their positions at these "bargain" prices.