I will thanks. This time is different. When I made a post about what to do with 200k at Dow 7000 you wouldn't even go full boat into equities. Didn't your "indicators" and "ratios" signal buy buy buy ?

How exactly have they lost money over the last 10 years ? If they were 40, were contributing each and every month into their 401k’s in a generic balanced asset allocation fund they are up a 1% or so and have accumulated a ton of shares. You can read economic indicators, PE ratios, unemployment and all the jazz until you are blue in the face, it wont change the fact that systematically making deposits and systematically making withdrawals, while keep clients in an allocation they can stomach is the only way to succeed over time. Most people won’t do that, won’t stick to a plan and that is where we come in. Not to read economic indicators and play bozo buckets with their funds.

[quote=Ron 14]

I will thanks. This time is different. When I made a post about what to do with 200k at Dow 7000 you wouldn't even go full boat into equities. Didn't your "indicators" and "ratios" signal buy buy buy ?

Bozo the Clown is a show I watched before school growing up. Basically Bozo the Clown would pick a kid out of the audience and they would get a ping pong ball and stand at the foot of six buckets. Each one you made you got a prize and the chance at the next bucket. A majority of kids would get 2 or 3, miss and go crying back to their parents in the seats. Very few would get the bicycle after the 6th bucket, the best prize of them all. It is kind of like market timers. They read all of these indicators, ratios, commentary etc. They may hit on a few, but in the long run they go running back to their parents crying.

[quote=Ron 14][quote=Gaddock][quote=Ron 14]

Well it isn't possible to make systematic withdrawals from options that haven't expired

I am in. It won't be hard to find the guy carrying around the Favre blow up doll.

[quote=BerkshireBull]

[quote=Ron 14][quote=Gaddock][quote=Ron 14]

Well it isn't possible to make systematic withdrawals from options that haven't expired

Messing with Ron is serious business.

Here’s a photo of him sticking it to Jones after they crap-canned him

[quote=Ron 14]

I will thanks. This time is different. When I made a post about what to do with 200k at Dow 7000 you wouldn't even go full boat into equities. Didn't your "indicators" and "ratios" signal buy buy buy ?

[quote=Ron 14]

I will thanks. This time is different. When I made a post about what to do with 200k at Dow 7000 you wouldn't even go full boat into equities. Didn't your "indicators" and "ratios" signal buy buy buy ?

[quote=Ron 14]Bozo the Clown is a show I watched before school growing up. Basically Bozo the Clown would pick a kid out of the audience and they would get a ping pong ball and stand at the foot of six buckets. Each one you made you got a prize and the chance at the next bucket. A majority of kids would get 2 or 3, miss and go crying back to their parents in the seats. Very few would get the bicycle after the 6th bucket, the best prize of them all. It is kind of like market timers. They read all of these indicators, ratios, commentary etc. They may hit on a few, but in the long run they go running back to their parents crying. [/quote]

It was called “The Grand Prize Game.”

Bingo. Thank you.

[quote=Ron 14]Bingo. Thank you. [/quote]

You’re showing your age. When  I was little, it was on at noon.

The show was on for about 50 yrs, but ok.

Back to B24's original point. I just read the June 15 article in WSJ, Is This Bull Cyclical or Secular ? 4 different managers were talked to and they all had different thoughts. How the hell are we supposed to establish a valid market viewpoint ?

[quote=Ron 14]

Back to B24’s original point. I just read the June 15 article in WSJ, Is This Bull Cyclical or Secular ? 4 different managers were talked to and they all had different thoughts. How the hell are we supposed to establish a valid market viewpoint ?

I know this and that is the side of the argument I am on. It seems as if I am in the minority. Most guys on here have a market viewpoint and are advising to it.

[quote=Ron 14]I know this and that is the side of the argument I am on. It seems as if I am in the minority. Most guys on here have a market viewpoint and are advising to it. [/quote]


Most guys have been wrong for 9 years. Do you want to be like them?

No

Market neutrality; I don’t care what way it goes I get a desired effect. When somebody asks me where the market is going. I break out my magic eight ball, for real.