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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (5908)6/15/1999 10:28:00 PM
From: Investor2  Read Replies (1) | Respond to of 15132
 
Thanks for the post. Sometimes I can comprehend what he's saying more readily when I see it in writing.

Best wishes,

I2



To: Justa Werkenstiff who wrote (5908)6/15/1999 11:29:00 PM
From: marc ultra  Respond to of 15132
 
Justa, greatly appreciate your MoneyTalk partial transcript. It was on the basis of these remarks that I decided to sell my Ultrabear hedge but now I don't have to keep trying to find some scraggly piece of paper to assure myself of what he said. My main anxiety in the next day or two is making sure my 2nd discount web broker that I placed the order with gets my transaction correctly done since they have what I find an annoying set up where they have a margin account separated from the cash account and then they move securities and cash around between them and as a result they only show part sold though the guy is assuring me it will go out at the correct price in a day or two when they update things. If this doesn't work without me having to raise hell I may just pay more and leave all my business with Schwab.

Marc



To: Justa Werkenstiff who wrote (5908)6/16/1999 8:47:00 AM
From: MrGreenJeans  Read Replies (2) | Respond to of 15132
 
Justa

Now if we are going to see a new high in the
month of June, yes, that is going to require an extrordinary level
of vigilance as to what the timing indicators could say at that
time because that would be a watershed moment for the timing model
to make a decision on whether there is sustainability or not


Based on the CPI number this morning and the Globex reaction it may be possible this new high will be coming sometime in June...



To: Justa Werkenstiff who wrote (5908)6/16/1999 8:56:00 AM
From: Allan Harris  Respond to of 15132
 
....very possibly reach a new inflection point where you have to make a determination as to what the model indicators are saying.

Very interesting choice of words here. Implies that the Trading Model has a significant subjective component.

A