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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: Scott Moore who wrote (5777)	10/6/1998 3:20:00 AM
From: Bruce A. Bowman	Read Replies (1) \| Respond to of 18928

I've been pondering that very eventuality, Scott. President Gore. Hmmmm. Has a certain ring, doesn't it? I suppose you notice how quiet he's been of late. Practicing his assumption-of-command speech, maybe? Not to worry... once they send troops to Kosovo we'll be back in a Cold War again and that will turn everything green to red (ink). Then we'll all start wondering when the oil market will top!! :-) Bruce

To: Scott Moore who wrote (5777)	10/6/1998 12:48:00 PM
From: OldAIMGuy	Respond to of 18928

Hi Scott, I don't know how to guess how the "Beltway Blues" will finish, but it's sure adding its share of market nervousness. It's nice that you can add some fresh cash to your 401K plan and keep up the buying. I'm running out of pockets and seat cushions to check for loose change! Best regards, Tom

To: Scott Moore who wrote (5777)	10/6/1998 1:29:00 PM
From: OldAIMGuy	Respond to of 18928

Hi Scott, I took a quick look back at my overall portfolio for this year. Remember that the Cash Reserve percentages cover everything from individual stocks (usually heaviest in cash) through mutual funds to gov't bond funds (never more than about 12% cash reserve). It's been a while since my overall position was near the 50/50 equity to cash ratio (10/01/95). Seems that each rally since then has just brought me up to a reasonable cash reserve only to peter out and take me back to a heavier equity weighting. Right now I'm VERY heavy in equities (for me). I started this year at about 32% overall cash reserve, by mid August was down to about 16% and now am down to about 6.5%! Not much buying power left!! Actually, I prefer to be 100% invested only at market bottoms!!! :-) Please remember that since I'm retired and use the interest on the Cash side to supplement living expenses, this means that I'm in the "belt tightening mode!" There's also hidden in these numbers the fact that when DIGI was bought out, I shifted about 1/3 of those $$$ to my GSF bond fund. This is also used for current income (present yield is about 10+%). So maybe I'll make it through this crunch without missing too many meals. Mercy on any employer that might ever hire me!! Best regards, Tom