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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 (10577)12/20/1999 6:02:00 PM
From: Mr. BSL  Respond to of 15132
 
Re: I am buying the big pharmaceuticals today.

It's fun to buy things on sale. Don't forget the forest/paper stocks too. My favorite is Champion International (CHA). The NASDAQ is out of control.
When the Japanese market was going nuts 10 years ago, a lot of smart investors got out at 25000 and missed the ride to 40000. I am slowly selling down to my sleeping level in tech stocks. We may be getting some topping action in the S&P 500. The best place to follow this is on the market summary page at the end of section A in Investors Business Daily. Watch for high volume in the 1420 area without further upside price action. Of course, if we start getting 2% and 3% daily gains in the S&P, all bets are off!