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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: stock bull who wrote (2965)1/25/1999 12:59:00 AM
From: Kirk ©  Read Replies (2) of 15132
 
What's your take on the situation and Brinker's omission of the Brazilian situation?

Hmmm... Don Lane would probably have a better answer. It is Bob's show and he can talk about whatever interests him and my take is the possible bubble burst of the internuts is more significant than a possible additional emerging market casualty. This would have been easier to see without the unfortunate bravado. One point missed is it is possible that the internuts are just showing their higher volitility and could go back up one or more times before the eventual crash. It seems BB has gone out on a limb saying that have crashed. They have done this before....we do not know if the fat lady has sung yet.

I think the effect is probably included in his saying the correction could go deeper than 10% whereas the last correction he did not say this and had a hard floor (at 8650) which was breached. This seems to leave plenty of room for a Brazil correction factor.
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