Kinja Rules

Surviving the Short-Term to Participate in the Long-Term

Thank You Richard. It is difficult to say what you did; against the opinion of the mainstream media & most FC's. "Their own self interests" is correct. Few realize that they will have no clients if the client goes broke. Smart one's know this, but they too are stuck being ""Company"" people.

The Truth in "a one size fits all investment plan," was perfect. Until we can see some of the dust settling it is just wise for older people to reposition as you mentioned.

I disagree w/only 1 point: High Quality Bonds. Treasury's have no yield, as well as the International risk of Sale, from China or others. Other formerly Hi Quality Bonds are Questionable, Muni's as well. The Ins Factor was always a consideration, that is now in question today. All the Brokerages have a Bond Desk...But, I don't trust them either. Persons w/ many yrs of experience have been burnt here. The novice is a deer in the headlights.

70's Stagflation Survivor-I have been studying the same '28-'08 Dow Chart & have sent them out to many. You add to this, Thank You. Did you notice that the stoclastics fell farther than '29? Let us hope there are more shorts fearful of Bear Rally Wed. I can't see any conviction on the Buy side. Money Flow was fairly flat on this grand up day...