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To: dougjn who wrote (16059)10/6/1998 6:48:00 PM
From: marginmike  Read Replies (1) | Respond to of 152472
 
Doug
let me start by explaining that I am playing devils advocate, I am not in denial. I understand perfectly well whats going on, and have positioned my portfolio to be defensive. I am 50% cash and am simply timing when to return to the market. I will fully invest at 6000-6500 on the Dow. I don't really believe will get close, but IM prepared if it does. I Have two large stock positions and then all bonds. I am no fool, and am not planning to gamble my money.