The Justa & Lars Honors Bob Brinker Investment Club Message Board

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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: MrGreenJeans who wrote (6845)	7/17/1999 6:37:00 PM
From: marc ultra	Read Replies (2) of 15132

MrGreenJeans re:why is Bob playing for the last dime when a miscalculation may cream us all? I guess you might and many have asked a similar question for hundreds or thousands of points and Bob has remained fully invested since his model has remained bullish. Since he has confidence that his model will successfully call a bear so he's staying with it until the bear call comes. Also as Bob has indicated the biggest mistake people make historically is being out of a bull market and I believe a bull in its death throes can go pretty high pretty fast until the top is reached. Personally while my fairly big hedge I put on at new highs a few weeks ago is starting to get expensive I'm don't feel compelled to sell it off at this point. I'm still been participating especially with the big semi capex moving to highs and some good funds but I'm worried if NVLS earnings Justa mentioned, good or bad might start a little profit taking party in the sector. At this point I would welcome conditions leading to a bear market call as long as he's right of course Marc

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