Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kirk © who wrote (6533)	7/3/1999 10:40:00 PM
From: marc ultra	Read Replies (2) \| Respond to of 15132

Kirk<<<<<Could we be getting over diligent?>>>> Yeah, I ain't going to worry about these stupid condoms anymore<g>. Actually, while I have been a scared bull a lot of times, based on the current market situation, Bob's recent remarks, sentiment and other issues going on like what I posted about current margin debt makes me about as down on the market's prospects as I've been in a long time. I recall Bob having said a while ago he wanted a 10%-15% correction to restore health to the market. We never got that and instead we got a little 6% or so dipsy doodle correction which was tested and sent us on another rocket launch now. Bullish sentiment never eased off much nor has the economy and we are fighting the fed etc. I think this return to neutral bias may in hindsight have turned out be a great gift to those who saw it as an incredible opportunity to get out at the top. It will be interesting to see how concerned Bob is and how long and how high he will be willing to ride this especially if there's still some buying panic awaiting us <<<Could earnings come in strong and the Fed's already apparent liquidity tightening help the economic and valuation "concerns"?>>> To my understanding the Fed's liquidity tightening will only be a negative for the market especially at these levels. Yes earnings are supposed to be great but it seems everybody and their grandmother are saying that so I wonder if this move up is largely a rush to get in ahead of anticipated great earnings. If true it may be hard for earnings to help the market. Marc

To: Kirk © who wrote (6533)	7/4/1999 12:05:00 PM
From: Lars	Respond to of 15132

Kirk, >>> Do you remember this board being so Bearish? I've made more money the past 9 months than I would have dreamed possible... and I am worried too. Could this actually be a good sign? I heard on the tape that Bob said he didn't think the rally would go to a 13 or 14 number, but he left out the 12 number. Still some good upside left? Could we be getting over diligent? Could earnings come in strong and the Fed's already apparent liquidity tightening help the economic and valuation "concerns"? >>> Interesting questions. I have noticed a fair amount of activity on this thread in the past couple weeks. My schedule has been hell. When I do get time to read posts I am shocked to see the number of unread posts. The great thing about this is that they are all of high quality. In the past couple weeks (I haven't checked back for any other period historically) I estimate the Justa and Lars thread has had: 273 posts in the past week (and counting) 524 posts in the past 2 weeks (and counting) As I said I have never counted before this time but this seems to be a large number of posts on an annual basis for our thread. Could this be a sign of something? Are we an indicator? Are we tacitly calling a market top? The group here is highly educated and market savvy based on surveys taken.