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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 (8350)9/3/1999 9:19:00 AM
From: Wally Mastroly  Respond to of 15132
 
S&P futures surged following the report's release...bring on the CIBCR <g>:

cnnfn.com



To: Justa Werkenstiff who wrote (8350)9/3/1999 9:27:00 AM
From: Jeffrey D  Respond to of 15132
 
Check out the Globex futures. Prepare for blast off. Jeff

S&P 500 SEP99 1343.50 +2330
E-MINI SEP99 1343.75 +2350 NSDQ100 SEP99 2451.00A +5100 -NASDAQ SEP99 2451.00A +5100 ----



To: Justa Werkenstiff who wrote (8350)9/3/1999 10:09:00 AM
From: Wally Mastroly  Read Replies (2) | Respond to of 15132
 
CIBCR : Update = + analysis:(with a caution in the summary)

biz.yahoo.com

-


Analysis:

dismal.com

SUMMARY:

The latest release of the Leading Inflation Index by the Center for International Business
Cycle Research suggests that inflationary pressures over the next several months will ease slightly. On a month-to-month basis, the LII declined in August by 0.2%. In addition to this decline, the index for May, June and July were all revised downward, indicating less inflationary pressure.

The latest decline in the LII, as well as the downward revision to the previous three months of data is questionable. Other economic data suggests that inflationary pressures continue to build. Oil prices are up, labor markets remain acutely tight, productivity is slowing, and unit labor costs are up significantly.

Given the volatility of this index, due to its frequent revisions, one month's worth of data showing an easing of inflation should not be taken too seriously.



To: Justa Werkenstiff who wrote (8350)9/3/1999 9:50:00 PM
From: Lars  Read Replies (1) | Respond to of 15132
 
Justa,

>>>
Wally and All: Green light here on the market. Get out of the way. Negative sentiment has been huge and will provide fuel as been stated before. SOX makes new high yesterday in market sell off. Guess what is going to outperform over the next few weeks into expiration? The SOX. Let's see if the SOX can drag the semi equips to new highs.
>>>
All aboard.

You are correct though, one must be cautious. At the peak of the euphoria, assuming we get another run here, one must be willing to sell their shares to the lemmings.

At the ND game this past weekend I talked to a fellow who told me to buy AMAT because it is going over $100 soon. I asked him when he bought. He said in the upper 50s and low 60s. My response to him....where were you last Fall? AMAT in the low 20s, ASYT at $6.25, oh how I loved that one, and the list goes on and on.

Mr. Market you provide such great entertainment. Keep playing the tune for the lemmings. I enjoy watching them march off the pier. It is going to be great watching market history being played out.