[quote=DATwoIf I am paying you to manage my money why did you not take me out of the market at 14,000 and buy in again at 13,000?[/quote]

My clients weren't down 7%, so they didn't want to sell............

[quote=CAPM]

[quote=DATwoIf I am paying you to manage my money why did you not take me out of the market at 14,000 and buy in again at 13,000?[/quote]

My clients weren't down 7%, so they didn't want to sell............

[/quote]

Oops.....double positive...how about an edit feature on here? 

Next question...

What happens if we don't get a rate cut?  What's safe?

Sounds like we are getting one… at least on the conference call I just attended on floating rate funds, the managers seemed to think it was fairly postive that we would.  Of course, they would put a positive spin on it.

I am sorry, but I have no idea what I am talking about.  Please forgive me.

[quote=Dust Bunny]I am sorry, but I have no idea what I am talking about.  Please forgive me.[/quote]

Cute  

My wife is making me leave early tonight boys and girls.  The uniform is back from the cleaners.  God you should have seen the stains....well ta tah....  to infinity and beyond.   Standard deviation +/- 1/2 inch.

One night… 364 days to get rid of stains…



That’s a lot of headaches! I wonder, is your NAV going down?