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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 339.88+0.3%Dec 24 4:00 PM EST
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To: Boca_PETE who wrote (2223)2/1/2003 8:56:27 PM
From: Lone Ranger  Read Replies (2) of 10065
 
P,
Amen to that. A terrible tragedy for our nation and especially to the families of the astronauts who lost their loved ones.
On another note. Listened to Brinker's show today and he still seems adamant about not selling at these levels, i.e. not selling into weakness. In general I agree with him,
but if we are to somehow get back to a buying opportunity as he sees it, market valuations will have to decline further or earnings will need to accelerate. The way I see it is if the markets have a further ten percent or so to decline why not sell a portion of equities and rebuy them ten percent or whatever lower when a buy signal arrives. Wonder if he might not be mistaken about the ability of the market to further deteriorate or maybe a retest of the October lows is all we need?
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