Show I Time to Pull Out ot of Market Says t Although there are no definite Indication thus far that the long Ion IonI i burl bun market Is at an end the coth I of the June reaction in stock prices which went vent too fa fato far farto to give th the list a very healthy appearance ap- ap apt the falling oft off In business activity and profits since s sand spring I and finally the prospects for firms tendencies In the money market market- all these lead II It V. W. writing In the July 15 Issue Forbes Magazine to take a more questionable attitude toward th the general market than he has hae main tamed for some time past This does not necessitate an any panicky throwing over of long hold holdings Ings he writes The real d de iliac may not develop for another month or two and we anticipate further recovery In general price before then But we do urge coi co caution in making n commitments and feel that the be beter ter part of valor lies lles In utilizing strength for lightening tile the speculative load I I I So far as as the real Investor I concerned we have advised liquida liquidation tion of most of his holdings for som time past If he le has disposed 6 0 them we advise putting his idi stock market capital In a batik bank a g or In high grade tern short bonds For those Investors wh have not yet taken profits we again repeat our previous advice Tin Th pull long Investor should be out 6 0 the market with at least 60 per cell cen of his Investment funds As re gards garcis the term near future for th the speculator we can conceive ot of pric prices going considerably higher they turn down again But presen conditions are sufficiently dubious to advise even the speculator against any over extension at the present time |