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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Surfer who wrote (1357)10/5/1998 6:13:00 AM
From: Justa Werkenstiff  Read Replies (2) of 15132
 
Surfer: "Who are those is he telling to buy? So painful to hear it. He told everyone to be fully invested at 9300 and then, at 8650 buying opportunity, etc. Now, every week he is not addressing those who are fully invested, but telling people who didn't listen to him (lucky folks) in the first place and kept their powder dry to buy now. Watermelon smile for who? I wish the pain goes away in six to 12 months for those folks who were left at 9300...."

At 9300, Brinker was telling everyone to look at their asset allocation and make readjustments accordingly. But otherwise you make a valid point, except that as time rolls on in this correction, people continue to have plenty of opportunities to divert current income into the market. I feel your pain and hopefully patience will put your portfolio back to where it was prior to the correction and then some.
And when we are back at 9500 plus, don't forget the feeling in your gut now and make adjustments accordingly.
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