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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Justa Werkenstiff who wrote (5311)5/24/1999 10:16:00 AM
From: Investor2  Read Replies (2) of 15132
 
Re: "And you must realize that Bob is talking to a general audience who need an internet warning as they are clueless as can be seen by the callers who bought these shares at or near the top and invested much of their money in them."

I believe you are correct. Perhaps Bob should follow the same approach when talking about shorting SPY. The average member of his audience has no clue what the risks are for this type of trade. Based on some of the recent calls to his show, many don't even know the meaning of "shorting" or "SPIDERS." Most have no business shorting SPY without first going through a major learning process.

Best wishes,

I2
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