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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Boca_PETE who wrote (14149)6/2/2000 12:42:00 PM
From: marc ultra  Read Replies (1) of 15132
 
Pete, while I did not get a fill on a giant trade when the QQQ's ran away immediately, I certainly profited by listening to Bob carefully. He talked over several weekends of this possible strong countertrend rally in the NASDAQ. When it looked like his often discussed conditions for a trade were being met I made a significant trade in NVLS which I have sold today for a 31% gain in barely over one week. I also removed a very large S&P short hedge at the same time I bought NVLS. Since I might not have easy access to a computer at times over the next week, I will happily take what I got over the last week which from a timing aspect again was strictly based on listening to Bob carefully.

While it is true many may not have gotten in on the QQQ trade, since Bob also predicted around a 20% gain or more someone could have have made a reasonable decision to bite the bullet and buy high either on Tuesday at the open or on Wednesday on mild weakness. Also followers of Bob knew absolutely not to sell but let their NASDAQ holdings ride for this rally.

Marc
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