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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Justa Werkenstiff who wrote (14344)6/12/2000 2:19:00 PM
From: sea_biscuit  Read Replies (2) of 15132
 
Justa: I would rather focus on the market these days. The Clinton haters have been spinning around so much that they don't know whether they are going or coming. One moment, they will be saying that it is the American spirit of free enterprise, rugged individualism and all that stuff that has taken the stock-market to dizzy levels, and the next moment, they will be accusing the Clinton administration of propping up the stock market to get Gore re-elected! But then they have to reconcile this with what Bush is proposing -- to invest Social Security money in the markets. Their singular fixation on scapegoating the Clinton administration no matter what, has left them dizzy and totally confused! So it is better to let their rantings and ravings go unanswered.

Well, back to the markets now. Looks like the Brinker scenario of a Nasdaq bear-market rally followed by a roll over is playing out, right on schedule. If he is right and the Nasdaq does tank to lower lows, then it would be a brilliant call indeed. And with the markets getting into stormy weather again, with Wednesday's CPI report and the next FOMC meeting barely two weeks later, plus the fact that we have entered the "warnings season" now, it appears that Brinker might well be right.
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