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: marc ultra who wrote (6546)	7/3/1999 1:49:00 PM
From: Trebor	Read Replies (3) \| Respond to of 15132

Does anyone but me get the feeling that you have seriously missed the boat, and the boat is headed to Asia? Here is y-t-d performance of the top 10 international funds, according to Morningstar. The results are even more impressive if you do a 3-month or 1-month screen. Year-to-date Highest Returning International Funds (Morningstar): WJSAX Warburg Pincus Advisor Japan Sm Co 109.0% WPJPX Warburg Pincus Japan Sm Co Comm 108.2% LETRX Lexington Troika Dialog Russia 107.6% FJSCX Fidelity Japan Small Companies 104.0% MAKOX Matthews Korea I 92.4% MKORX Matthews Korea A 92.1% WPJGX Warburg Pincus Japan Growth Comm 84.8% WPJAX Warburg Pincus Advisor Japan Growth 82.3% GMCEX GMO Evolving Countries III 76.3% ASDYX Van Eck Asia Dynasty A 73.3%

To: marc ultra who wrote (6546)	7/3/1999 1:49:00 PM
From: marc ultra	Read Replies (1) \| Respond to of 15132

Perhaps I am repeating something I and other people have already said but no one should underestimate the brilliance of Bob's clear unhedged and adamant call when we were around 10,500 that we will reach new highs. Most recently he went out on a limb and said there will be new highs across the board (Dow, S&P and NAZ) within a matter of weeks which rapidly came to fruition. This call allowed a straggler like me to cover a modest hedge position I had at a profit and ride the wave up in a more fully invested position. Considering last week's action this proved to be a big deal Marc

To: marc ultra who wrote (6546)	7/4/1999 11:10:00 AM
From: Lars	Respond to of 15132

Marc, >>> That's OK Lars, when we receive the word to put all our money in unleaded gasoline futures because summer is here maybe we should let the word out<g> >>> Ha. We will also have to let everyone get a head start on those heating oil futures since it is going to be a cold winter. I can't believe people still buy into this junk. I hear these ads on WLS 890 Chicago sometimes and on my local AM stations. I can't imagine how much money has been lost over the years. What a sad situation.

To: marc ultra who wrote (6546)	7/6/1999 2:28:00 PM
From: marc ultra	Read Replies (1) \| Respond to of 15132

If we get a good run-up here to follow on to last week things could get very interesting fast. All the technicians will follow Ralphie to the bull side and I don't hear much concern from the fundamentalists either. Will Investors Intelligence calculated bullish sentiment finally get its legs out of the upper 60's concrete and start barreling over the 70% mark? Two good weeks well over 70 may even get the 4 week moving average there. As to mutual fund cash it looks like indeed managers may be starting to rush to get more fully invested and avoid getting performance numbers left behind in this presumed upleg. We already have the 10 day PC moving average at .49, can it possibly go much lower, perhaps a bit given the mid 40's daily numbers Justa was noting recently. Under current conditions hard to see the Fed improving monetary gauges, valuation can only be worse as we continue in the 6% and over region on the long bond and earnings may become less of an issue as we may be discounting announcement of the second coming along with the earnings numbers. I have a modest ultrabear hedge on since Friday and have money in transit to be in a position to take more significant action if Bob should change his outlook soon on the market. This has been a wonderful bull market and a wonderful last week and a wonderful move in the semi capex. Let us use a hypothetical 12,000 target for the year that has been used by some of the stronger bulls. If we did make such a move this year we're only talking about 7% up from here. Given my concerns about negative developments building up I'm not sure the risk/reward is all that favorable at this point Marc

To: marc ultra who wrote (6546)	7/7/1999 10:40:00 PM
From: marc ultra	Read Replies (2) \| Respond to of 15132

P/C 10 day moving average .50. It is interesting that while everything seemed to be falling in place for a possible market top we get this very strange unexpected reduction in bullish sentiment in Investors Intelligence as I noted earlier. I could see a few fundamentalists bailing after the huge move last week but I would have suspected the technicians to all get wildly enthused. I have no idea now where next week's number will go but it should be very interesting Meanwhile we made marginal new highs today on unimpressive volume. I guess we'll get Bob's take on the market in a few days either in the newsletter or the show Marc