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lentinman

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lentinman

Re: deathtotaxes post# 6567

Thursday, 03/10/2005 7:53:26 PM

Thursday, March 10, 2005 7:53:26 PM

Post# of 173914
death: Brinker:

I agree with you that he says that it may last longer. I never said he didn't say that. Besides, my opinion is that it probably will last 1-5 more months. What I said was...

"My point is that the existing cyclical bull market is long in the tooth."

"My recommendation is to phase out (or continue to phase out) of stocks to at least 50% cash (or in my case, probably 70-75% cash) over the next few months - if not sooner."

Those are my conclusions looking at that data. But, he did make it clear that the easy money has been made and that the cyclical bull market WILL end. I'm waiting for him to pronounce the end of it - in which case I will immediately sell more.

Len

Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.



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