ajtj99's Market Pulse

[ajtj99]

GD, I think I may have mis-spoke myself or mis-read something you posted. I read that you thought one scenario may be the houses would reduce to 5% equity allocation causing a capitulative topping process and a selling frenzy.

I just countered that I don't recall the major houses ever recommending less than 50% equity allocation in the last 5-years.

You've countered with houses showing allocations of 65% to 70%.

I guess I don't see where we disagree.