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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (4562)4/18/1999 1:35:00 AM
From: Lars   of 15132
 
Justa,

>>>
I want to see the BTB and will then make investment adjustment. Also, more importantly, I want to see their earnings and forward statements as well. Need to see some momentum on the order front. If I am not satisfied, I will take some profits because these stocks will be vulnerable to any correction if they are riding primarily on the air of promises to come.
>>>

I agree these stocks are very vulnerable in the event of a correction. I think this is an area everyone should think about. I think we are riding a wave of euphoria in a big way.

I heard part of Moneytalk today and Bob made some excellent points re: DJIA versus the 500, Nasdaq et al. I wonder if we will look back in a couple months and see this as the sign of things to come.

>>>
We are in the midst of either a rotation or a correction or both in the overall market right now. How far we go is anyone's guess.
>>>

I think we are long overdue for our 15%+ correction. It is time to make the scared money leave once again. IMHO, based on what I know thus far into 1999, Mr. Market is going to give us one hell of a gift horse in the next few months.

It will be interesting to see how many people will step up to the plate and swing for the fences. I am really looking forward to Ultrabull again.

It may be a 2 Beta Brinkerhead summer once again.
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