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: Kirk © who wrote (9196)	10/10/1999 11:44:00 AM
From: Justa Werkenstiff	Read Replies (1) of 15132

Kirk: Re: ". They could recover and drive the DOW much higher (HWP, IBM & T) but they may not have bottomed either. The IBM decline is troublesome for the tech sector IMO. All I can think about is 1987 when I see IBM's decline. IBM lead the tech sector down then. T shows steady institutional money outflow. Re: "OTH, I DO like the article in Forbes that suggested the market knows that Y2K will be a nonissue and might start pricing in next years good numbers soon and go on a tear." Like I have said before, I see the market in a trading range until the Federal Reserve is done. IMO, markets will not go on a tear with Greenspan playing. Market history would seem to support this view.

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