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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Demosthenes who wrote (49)8/16/1998 5:13:00 PM
From: Justa Werkenstiff   of 15132
 
D'Man: Re: "This implies that history will repeat itself and we could be in for huge gains. I remember BB saying months ago that 99 could be a great year for stocks. As we know BB isn't making a call that far out, but just the comment is interesting."

Well, I wouldn't go so far as to think we are going to get huge gains but I will take them to the bank <G>. We keep bumping up against the valuation ceiling and then selling off. I suspect the market is getting used to the idea of 8% to 10% gains if earnings continue to grow and if the economy goes into a slower growth, low inflation mode.
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