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

To: Kirk © who wrote (9494)	10/27/1999 1:32:00 PM
From: Justa Werkenstiff	Respond to of 15132

Kirk: Re: "IF so many are "long term buy and hold" then why is there so much volatility in these big names?" Many institutions are not "buy and hold" even though their investors have that attitude. Check that turnover rate and it tells the whole story. Re: "I did hear a few yrs ago that higher volatility often characterized the end of bull markets." Maybe in the overall averages but individual stocks get hammered daily. Justa's All Star Portfolio for 1999: Xerox IBM Waste Management Avon McKesson HBOC American Home Products Bank One