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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 (6465)	7/1/1999 3:41:00 PM
From: Kirk ©	Respond to of 15132

Justa -> when there were buying opportunities and Brinker was banging on the table to buy, the markets did not surge. Difference this time... then followers were in DCA mode and had little cash to buy in with! Perhaps some extra lunch money in addition to your regular IRA contributions. The first buy opportunity (8650) came and went as we went lower (7500) by another 1000+ points where the table banging was in earnest. I don't think the true "cultists" Bill mentions had any cash left at 7500 to make much of a difference. NOW, I doubt Bob will DCA out! In fact, he has said he wouldn't do it this way. I think the possibility for volume of a sell signal could be 10 to 100 times higher than for a buying opportunity. Lets hope we don't get one..... regards Kirk out