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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: DD™ who wrote (319)8/27/1998 4:38:00 PM
From: Ken Brown  Read Replies (2) of 15132
 
If Bob happens to be wrong this time

Let me be the first to say it: Bob is wrong this time. Gee, what a surprise. He cannot predict future events with 100% accuracy. I'll be darned.

I heard that the S&P is now trading at 17x next year's earnings. Are we approaching a "gift horse" buying opportunity? Could be. Too bad I am left with 0% cash. :(

I just hope we do not have a 1987-style meltdown. Gulp.

Ken
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