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

To: MrGreenJeans who wrote (7917)	8/19/1999 10:44:00 PM
From: marc ultra	Read Replies (1) \| Respond to of 15132

MrGreenJeans, thanks for your perspective on the Fed etc. <<I think the China focus should be on any devaluation of their currency which may or may not cause Asia crisis, part II.>> I see the issues as intertwined. The same conditions that would have them consider devaluation might cause them to build up patriotic fervor about Taiwan neither of which will be great for the markets <<<Just like with the Federal Reserve don't pay attention to what Bob says pay attention to what Bob does. Bob still recommends a 100% position and dollar cost averaging into the market at this time.>>> True but after the short term correction if this action turns out to be the best the market can do I doubt he's a happy camper. I recall he did mention the possibilities of testing the correction lows. I wonder if that's still an issue. Any way I guess we'll see what Bob does and whether being aggressive or very cautious at this point works out in the fullness of time Marc