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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: stock bull who wrote (763)9/6/1998 9:46:00 PM
From: Justa Werkenstiff  Read Replies (3) of 15132
 
Stock Bull: "Justa, I want to thank you for your excellent summaries of BB's show. Well done."

Your welcome. I will do them when I can. Fortunately, I do have a life other than following Brinker so I can't say with what frequency I will do them. Lars and I have been kicking around the idea of asking for volunteers to do summaries on assigned dates. Any feedback on this idea would be welcome. Now if I were Brinker, I could do the summaries in a tenth of the time <G>. I could even do them while doing the broadcast <G>.

Re: "It seems to me that a rate reduction would be a "drop in the ocean."

On the international front, this could be the case in real terms but it could be a psychological positive. On a domestic front, the market would like a reduction in interest rates at this point and would respond favorably in my view.

Re: "He did not call this a "buying opportunity" or a "gift horse." He did keep saying the market was attractive for purchase and thought it was the best time this year to be putting new money to work.>> Isn't this just a play on words? Its all seems to say, invest now."

Good point. Brinker said the other week that regardless of whether it is a "buying opportunity" or a "gift horse", when the man says buy that is what he means. But there has been little passion in his tone the past few weeks when he turns to this issue. While he may tell he thinks it is the best time this year to be buying equities, he lacks the passion I have come to expect from Brinker especially when compared to January 10 and 11th. I am not certain of whether this change in tone means anything substantive or not at this point an I just note it as a fact for consideration.
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