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S&P 500
5,487.03
(
0.25%
)
US TECH 100
19,408.40
(
0.00%
)
Dow Jones
38,834.86
(
0.15%
)
Brent Oil
84.48
(
-0.25%
)
Bitcoin
65,802.02
(
1.28%
)
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OldAIMGuy

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OldAIMGuy

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Re: ls7550 post# 45

Thursday, 07/10/2008 6:41:27 PM

Thursday, July 10, 2008 6:41:27 PM

Post# of 214
Hi Clive, Re: Market Risk.................

I talked to a broker friend today about his impression of the market. While it has been stinky, he also feels the end of the current decline may be near. His reason:
"I had a call from a worried client today and he wants to get 100% into Cash!"
So, my friend's view is that if some folks are starting to panic and capitulate, then the end of the decline is at hand.

Best regards, Tom




Port Washington, WI 53074

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