Dear Anonymous,

You seem to reiterate Fisher Investments arguments quite well. However, it doesn't appear that you have read or else read, but did not understand the points I make in the article.

I did not hire Fisher Investments to allocate among sectors. I can do that myself much easier and at a much lower cost without them.

I came to Fisher Investments, because they told me that they could save me from loosing money in bear markets. Yet, with the portfolio they built, I didn't see how they could do anything but loose money and that's exactly what they did, with their biggest losses in stocks that I immediately called to identify as loosing propositions.

I did not make the decision to fire them based on volatility, but rather based it on their current stock selections and analysis of their long term performance, which I found to be lagging.

Hope this helps you understand the issues a bit better...

P.S. While you (and the rest of the world) realize that US is facing major economic challenges due, at least in part, to the so called "credit crunch," Ken Fisher from his home in the land of the fruits, the nuts and the vegetables (otherwise known as California) continues to ask, "what credit crunch?"