The Justa & Lars Honors Bob Brinker Investment Club Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kirk © who wrote (12127)	2/25/2000 8:45:00 PM
From: marc ultra	Read Replies (2) of 15132

Kirk, I don't think anyone ignores the NASDAQ including Bob. He has obviously invested a lot in tech and has recommended funds including his latest which involve the newest of the new economy. The fact is though that the S&P represents a solid majority of market cap and includes over 30% tech and probably growing daily. The issue though is that as far as I know there has been no time in history when the broad Dow and/or S%P has gone into a bear and the latest hot gee whiz sector did not eventually get dragged in and get killed especially if it was incredibly overvalued. We're also not just talking about a sector that is hot because of big future prospects but a relatively broad index of mostly tech that has itself been rising on a narrower and narrower basis. I still have absolutely no doubt that if we reach 20% correction area on the S&P500, the NASDAQ will crumble big time. If by some bizarre stroke of history this doesn't happen this time I'll just make more money as my funds and remaining few stocks will likely go up while my S&P short hedge continues to make me money on the short side. I've watched some incredible run ups in stocks I sold on the sell signal in order to free up cash like CMDX NXTV semi capex and some others but as I said before it would be completely obnoxious for me personally to complain since I've been making money at an accelerated rate despite this. I just figured my biotech holding ENMD is now up to 18% of my financial assets so things could turn around quickly but I'm willing to hold it since I think its move has not even started yet. Marc

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next