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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (8663)9/19/1999 10:11:00 AM
From: MrGreenJeans  Read Replies (1) of 15132
 
Byron Wien / Barron's

In this week Barron's Byron Wien strategist at Morgan Stanley states that the market is either getting ready for another move up or is in the process of topping out. He thinks it may be topping out. He goes on to state that seemingly good news such as the core rate of inflation being better than expected did not move the market much which indicates that at best the market is fully valued or at worst is vulnerable to the downside.

This seems to me to be consistent with Bob's thoughts in recent weeks. As for me, I will spend today pondering whether to take more profits tomorrow (everyone should have these problems.)
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