nike shox clearance8Bob Brinker Update because Aug

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Bob Brinker recap of August 19, 2006 Moneytalk show:Bob is bullish on the US Stock marketBob does no look a recession at this time. [Kirk's Editor Comment: Federal Reserve leader Ben Bernanke stopped raising the Fed Funds rate which made Bob quite happy since rising rates can stifle off economy growth and occasion a recession.]Bob said he was elated with the bond market and patted himself above the behind for his phone to own bonds.Bob said he was happy with the stock market and patted himself on the back for his call to go to fully invested in March 2003 where the S&P500 is up about 67% when you calculate reinvested bonuses. [Kirk's Editor Comment: It has been an excellent time to be in the market. My bulletin Explore Portfolio is up 96% since March 9,2003. Since the market bottomed in October 2002 [link widoczny dla zalogowanych], it is up 117%!]Bob said the S&P500 may reach 1350 to 1400 by year's end or second half of next year. (Read allancoleman's full summary.) Bob had a caller who had the extensive bulk of his portfolio (over a million) in one oil stock. Bob told him to sell and diversify (into aggregate stock market) down to near his suggested 4 percent. When pushed for a timeframe for the selling [link widoczny dla zalogowanych], Bob said he'd be cozy to have the caller sell over the next 9 months. I don't think Bob would make that recommendation unless he felt the Bull market would still be intact over that time border. (Read retiredinprescot's full summary.) [Kirk's Editor Comment: I think I listened Bob mention he'd perch if shoved for 10%, then he'd work on the lad obtaining it down to 4%. Bob also said he didn't think the stock, CVX [link widoczny dla zalogowanych], would go out of affair which made me think of Lucent (which going from $60 to $2 might for well have), Enron and Worldcom. ]JeffChristy wrote: I couldn't differ more with Bob Brinker's advice to sell Chevron/Texaco at this time. It is my third largest holding. I purchased it back in 1993 and it namely value over 3 times what I paid for it. Read all of JeffChristy's post because a well writtent but differ attitude.
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