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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: marc ultra who wrote (8970)9/29/1999 5:55:00 PM
From: Investor2   of 15132
 
RE: "Your point about 93/94 though is well taken but I guess the fundamentals were different particularly in terms of valuation."

Very true. P/E's were lower in 93/94 than they are now. However, P/E's were also lower in 1976 then they are now.

RE: "Could the move back toward the highs in Sept have been the final test and the only thing that didn't work out was the model signaling a sell? I don't know which is why I am playing it half way and am probably a little below 50% equities at the moment."

FWIW, I'm playing it cautious too. Lot's of cash and waiting for a buying opportunity.

Best wishes,

I2
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