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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Justa Werkenstiff who wrote (14133)6/2/2000 5:44:00 PM
From: Justa Werkenstiff  Read Replies (3) of 15132
 
Justa pretty much sold out today. Thanks to Bob Brinker and the aggressive use of margin, this monster trade quickly put me into the obscene tax bracket. It goes to show you that listening to the radio can pay off. Brinker gave quite a lecture on May 13th and I am glad I was paying attention.

It took me all day without a break to dump my load. And with the government now close to a half partner, I bailed out because the reward was not worth the risk. Am I going to stay long in a wild market when my potential return is close to 50 cents on the dollar for the risk while at the same time paying a margin loan? I don't think so. Do I think the Naz rally has more to go? Yes. But I am heading back to municipals once again and looking forward to some R & R.
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