The Justa and Lars Honors Bob Brinker Investment Club Thread Message Board

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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread

VTI 340.51

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Jan 23 4:00 PM EST

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To: Boca_PETE who wrote (48)	7/5/2000 1:14:12 PM
From: Justa Werkenstiff	of 10065

Pete: I do not think anyone can predict short term movements of the Nasdaq to the precision speculated by that poster. Important thing is to sell out at a big profit and not try to get the last dollar. Market can turn hard on you and never look back if this is a bear market rally. Also, as mentioned before, specific stock risk is very risky for this trade. You could get blow'd up in a heartbeat if you have the wrong stock. Today's toast is CA. Could have bought it at the same price today as offered in the Fall of 1998. You have nothing to show if you have held this one since then. Nothing. As I have said before, sure there are going to be some tech. winners in the market but the odds that you will have a winner in tech. land have decreased in the past few months. The house has changed the odds and investors and traders alike should take note.

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