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To: Perdogg

Not surprised at all. Banks and the markets need some reassurance until the area of price support is actually reached in the stock market(s) -— the sell offs due to margin calls have stopped. Most likely the big bucks (single fund managers with large calls, that is. Things will level off by the end of next month as a definite trend can be seen in the overall direction.


14 posted on 01/22/2008 5:34:06 AM PST by RSmithOpt (Liberalism: Highway to Hell)
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To: RSmithOpt
You seem to have some market savvy. My 401K is heavily into global stocks, about a 70-30 mix.

Should I re-balance at this time for more domestic stuff? Or just ride it out...?

Thanks to my Freeper friends

47 posted on 01/22/2008 5:52:49 AM PST by Victor (If an expert says it can't be done, get another expert." -David Ben-Gurion, the first Prime Minister)
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