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


To: marc ultra who wrote (6478)7/1/1999 8:48:00 PM
From: Justa Werkenstiff  Respond to of 15132
 
Marc: "Justa, you taking any major defensive action yet?"

Other than the reallocation yesterday, I would answer in the negative. We just had our correction. That was all the market had to offer at this time. We should have plenty of volatility during earnings season and I suspect that everyone has been buying in anticipation of those earnings. Buyers are in now to the max. Although we have hit new highs but for the DOW, there is nothing to say we won't be dipping below those new highs as the season get under way. If we continue to go straight up like a moon shot, I will definitely reconsider. A sell signal would change my thinking immediately.

I think now that the Fed. must raise rates again. The question is when. Bring on the data.





To: marc ultra who wrote (6478)7/1/1999 9:43:00 PM
From: Investor2  Read Replies (1) | Respond to of 15132
 
Re: "If I reinstate an ultra bear hedge tomorrow I wonder what the market may be like at the close since it's a fund."

What time is the cutoff time to have your money invested at the close of business? Can you wait until 3:00 pm Eastern time?

Best wishes,

I2