On Thu, 04 Aug 2011 19:30:17 -0600, Canuck57
wrote:

On 04/08/2011 6:10 PM, wrote:
On Thu, 04 Aug 2011 17:08:35 -0600,
wrote:

On 04/08/2011 4:44 PM, X - Man wrote:
On 8/4/11 6:18 PM, Canuck57 wrote:
Calls all week from bankers
and investors seeking cash for investments....as I have too much cash.

If you got calls from bankers, it was because they were calling in your
$200 signature loans.

Funny, just getting setup to get stocks cheap in 30 or 90 days. Just
letting the fleabagger economists sell off with a grin.

Because the reality is the market is over valued. The real cost of
money is about 8% as near as I can figure. So at that, if I don't get
10% dividends or gains I cash out.

So when the market hits 6000-8000 I will look for the good deals.

If you have money, and I doubt you do. This is when the savvy starts
researching good companies for 1 1/2 price sale coming up. Too early to
jump in now, it would like be stopping a falling knife.

I hope you folks were listening a month ago when I suggesting
reallocating your 401k into the "low risk" fund. You would have locked
in that 12700 Dow and be grinning while you watched this crash from
the sidelines,

Of course I suppose at least one person here thought that was trying
to "time the market" and they were standing in front of this runaway
train.

Yep, I took the safe route. I wasn't even in the money market, but a
lot of cash idle. Was selling off in Oct-Feb this year. Maybe a bit
early but sure better than late

What a load of crap. The "safe" route huh... the moronic route is more
accurate.