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URL:  http://boards.fool.com/those-who-predict-the-end-of-the-world-are-usually-30782487.aspx

Subject:  Re: Wht Say You All Here.... Date:  7/17/2013  3:20 PM
Author:  billjam Number:  72643 of 75638

Those who predict the end of the world are usually very wrong. Exception: Noah. Those who predict finding the pot of gold at the end of the rainbow are usually very wrong. Exception: Dorothy.

Yes, in the past a couple prognosicators have gotten it right on both the upside and the downside. But they were one-shot phenoms who never made a big splash again, suggesting it was mostly luck. I still suggest keeping a diversified porfolio and adjusting the equity/fixed ratio a little when your instincts tell you to.

FWIW, Value Line recently lowered their suggested equity/fixed ratio from 60-70% equity to 55%-65% equity. A bit more cautious but certainly not bearish.
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