SO sent the information in his post For the Record to First Brother (FB).
Morgan Stanley has issued a “full house sell signal” as of Monday, saying three of its leading indicators – bond yields, Institute for Supply Management new orders, as well as valuation and risk – showed it was time to sell
As Parent Unit’s money managed by SO, is pretty much all in cash, this was sent as FYI
Thanks for forwarding.
My personal hit rate on timing the market is poor. If I bail out and things drop 15% and then rebound, I will loose because of timing my re-entry.
If I bail and then things drop 30-40%, then my chances of catching it are much better.
We can look back in six months and see what happened.
These are the times when I wish I was on an indexed gov’t employees pension plan and didn’t have to think about these variations. It isn’t a challenging game to me, it’s annoying!
Mark your calendars for January 6, 2008.