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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 (8798)9/23/1999 4:15:00 PM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
Justa: - Microsoft Pres. Calls Tech Stock Values 'Absurd' (including MSFT):

dailynews.yahoo.com

>
''I used to believe in the theory of perfect markets, but I no longer believe that,'' he added.........

Edit -

P.S. - There is still time for CNBC to schedule "another" DOW 10,000 Watch!!!!!!!!!



To: Justa Werkenstiff who wrote (8798)9/23/1999 8:07:00 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 15132
 
** Put Call Tidbit from Fleck Piece **

"Put-call ratio low... A friend of mine pointed out that the people were so
excited this morning that the put-call ratio in the individual equities was 41 in
the first hour - that's a very low reading. It would not only show no fear; it
would show that people are still euphoric about the possibility of the market
rallying, which from a contrarian opinion standpoint would be bearish."



To: Justa Werkenstiff who wrote (8798)9/24/1999 7:27:00 AM
From: Allan Harris  Read Replies (1) | Respond to of 15132
 
Congratulations to Brinker for being so cautious when most of the gurus were so bullish!!!!

He can go wrong very easily. He is recommended a l00% invested
position pending further developments in his long term timing
model. If the market collapses from here he will turn out to
be wrong. What could be more obvious. He is putting his
record on the line by continuing to stay fully invested while
he discusses possible future developments he is watching.


Don Lane July 25, 1999 Dow 10,910

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