> I am guessing that we are all involved with stocks and funds. Some of > us don't pay attention to the signs and others are on top of them. > That is why I put this as NF and not to be lost in the land of OT. >
I dissolved everything in my IRA into cash late July 2008, and was kicking myself in the ass for several weeks afterward, thinking I was just getting nervous for no reason. But after a few more weeks yet I was pretty happy about my decision. Sure, the returns are lower than they had been, but I avoided the drop off the cliff also. A friend of mine in SoCal told me he got out of his investments and went to cash in October. I thought he still must have gotten tagged. "October last year, Gil", heh-heh. All of his expert friends gave him all kinds of crap for being such a chicken. They are apparently not crowing so loud now. Next move, Swiss Francs. I do not trust FDIC can sustain what is coming down. Gil > -----Original Message----- > From: [EMAIL PROTECTED] > [mailto:[EMAIL PROTECTED] Behalf Of Stephen Russell > Sent: Wednesday, November 26, 2008 10:53 AM > To: [EMAIL PROTECTED] > Subject: [NF] How to determine if a market has hit THE bottom. > > > >From Cramer, who gives some good reasons as to how to evaluate what is > happening. > > <http://www.cnbc.com/id/15840232/?video=939863340&play=1> > > I am guessing that we are all involved with stocks and funds. Some of > us don't pay attention to the signs and others are on top of them. > That is why I put this as NF and not to be lost in the land of OT. > > > > > -- > Stephen Russell > Sr. Production Systems Programmer > Mimeo.com > Memphis TN > > 901.246-0159 > > [excessive quoting removed by server] _______________________________________________ Post Messages to: ProFox@leafe.com Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
