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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Wren who wrote (3120)1/31/1999 10:06:00 AM
From: Chuck Schmeling   of 15132
 
Seems like every time Bob says "get your allocation in line" it's a warning sign that he thinks the market will correct. A coded warning perhaps? The last few corrections, I've just held in there, but I wish I had sold a few things before the correction last year, and Bob was saying the same things. These valuations are making me dizzy.

One of the other things that makes me think something is up... too many people I know are buying and selling the Internut stocks, bragging about their 50%+ profits in a couple of weeks or months. Mostly people who weren't in the market 2 or 3 years ago. Probably a small percentage of the whole market, but it tells me there is rampant speculation out there, and that usually leads to a correction.
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