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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Justa Werkenstiff who wrote (5610)6/4/1999 6:07:00 PM
From: Allan Harris  Read Replies (1) of 15132
 
Justa, See what I mean, I haven't even gone out on the deck yet and still forgot my main point:

BUT you bought BEFORE the big run.

The results I posted were Year-To-Date. You could have bought them all on Jan. 1, 1999 and achieved those returns. Last summer these stocks peaked, then all corrected 50-70% by early September. As it turns out, that was an excellent buying opportunity, but you could have waited until January and still done fine. Are we at another buying opportunity?

Maybe....

A
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