Condition of the market
[quote=Bobby Hull][quote=Indyone]The day the dow lost 500 points, I took a $100K hit on a $32 million+ book. You can extrapolate that to see what might happen if we take a larger hit. If the Dow is at 10K by Sept, I’ll be surprised, but I’ll certainly survive. I took a bigger hit than that a few years back and I think I’m better positioned today than I was then. I may not get full market participation, but at the same time, I won’t lose my or my clients’ shirts. I’m not going into a shell either. The market WILL make my clients money…it’s just a matter of when. No way am I sitting on the sidelines due to fear.
Don't worry about me...I'm here to stay...
[/quote]I refuse to call you a liar in public.[/quote]
You're doubting me after I nailed the Wisconsin call?. Hey, I won't deny some fortuitous calls and asset classes outside common stocks that skewed my overall performance, and I won't tell you that I didn't look twice, but it happened. Even idiots can win the lottery.