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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: MrGreenJeans who wrote (2309)11/30/1998 11:18:00 AM
From: marc ultra  Read Replies (1) of 15132
 
MrGreenJeans re:
<<<ow 10,000

Let us assume for a moment the Dow runs to 10,000 sometime in January. Does anyone think Bob will be
making a sell call, presumably because the market has run too far too fast, or will anyone be selling stocks
whether or not Bob makes a call because of the same reason? >>>>

I don't think Bob would make a sell call per his model unless money supply was drying up and/or he saw a recession coming. Also an economy growing too fast and rising rates are unlikely anytime soon whether the Dow reaches 10,000 or not. I think the severity of the recent correction has put the market in a stronger position than previously and I am in no hurry to sell.

Marc

Marc
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