SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Boca_PETE who wrote (1427)10/7/1998 3:46:00 PM
From: Hank Stamper  Read Replies (1) of 15132
 
Pete,

" Is this the last gift horse ? Or is this the edge of a black hole ?
WOW - what a cliff hanger !"

I keep telling myself that "it's only money." This, and the fact that I NEVER want to feel the fear I felt back in the 87 crash. I never want emotion to drive me out again, at the market low.

Brinker's benchmark lows in the DOW and S&P 500 are holding. A recent message from don lane points out that Brinker's benchmarks are DOW at 7500 and S&P500 at 957. If we are again testing the lows on reduced volume, so much the better.

I will say (write, actually) that this whole process since July has been very exciting for me. I have actually loved much of it. I have also fretted. I have not forgot what Bob said back in the Spring about precedents to bear markets. I transcribed his spoken words as follows: "In almost every case, a bear market is preceded by an intermediate correction of 10% to 20% percent." Well, we've got the intermediate correction. Is this the first breath of a truly ill wind? Cliffhanger? Yes. Black hole?

Brinker says "no," the conditions for a bear market are not present.

I have stopped short of pawning my woodshop equipment to raise cash to purchase more shares. I sleep well too. Though, I awake excited.

Ciao,
David Todtman
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News