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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 (6847)7/17/1999 10:12:00 PM
From: Ian@SI  Read Replies (1) | Respond to of 15132
 
Justa,

If you're referring to the Wall$treetWeek piece where the 4 all stars gave their estimates for the rest of the year, I wouldn't call that a belief by Birinyi that the market will give back 700 points.

i.e. - He's still very bullish; still encouraging listeners to buy. He sees no end to the money flow into the market. So even though Lynch doesn't know which direction the next 1000 points will be, I understand Birinyi to believe it will be up.

Regards,
Ian.