Bruce, I don't believe your posts is not entirely accurate. In early 2000 Bob Brinker advised cutting the equity portion down to about 35% of your portfiolio the rest in cash. GNMA's where for fixed portion of your portfiolio. I'm at work right now so I am going by memory but I have all the info at home. He has made some remarkable calls over the last 10 years that I have followed him. His one bad call was a Short Term QQQ trade in the 80 area which he is still holding. He is worth paying attention to. Jim