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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (13140)4/12/2000 9:29:00 PM
From: MrGreenJeans  Read Replies (1) of 15132
 
Justa

But market susceptible to any bad news

Quite frankly, I have seen little if any bad news. The only bad news that I have seen was in the Msft decision which if understood was not bad at all. The government fights yesterday's browser wars while the technology changes and fights a fight not worth pursuing. Msft revenue down? Not a problem for me...this projection comes out every so often out of Goldman Sachs and rocks the stock. Msft ultimately recovers. Msft is a steal here. This economy is going on all cylinders with albeit good inflation numbers and strong fundamentals. The Fed is gradually raising rates and it is yet to be seen how far they will have to go...

This market may ultimately turn over and tank but with strong earnings on the horizon I am willing to bet we are close to a short-term bottom here.
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