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: Justa Werkenstiff who wrote (14163)	6/2/2000 7:56:00 PM
From: marc ultra	Read Replies (3) of 15132

Justa re<<<<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.>>>> Good point about the taxes. I need to think of that when I whine about the giant unfilled trade I left on the table. Since I won't get to listen to Bob this weekend and won't be at a computer this week ,I like the idea of being out of a trade today. My underlying holdings are still heavily tied to the NASDAQ so I'm going to see what Bob says in the future since I don't want to ride them down again with a weak S&P short hedge. Actually I see now the large Ultrabear short hedge I dumped when I bought NVLS is down over 10% since I sold it so factoring everything in I did fine with Bob's call. Also added some cheap shares to things like ENMD so I can sell them in 31 days against high priced shares and cut down the tax bite. Bob's thinking on these signs of a slowdown will be key. Guess he'll have time to express them in the June newsletter Marc

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