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

To: Kirk © who wrote (11151)	1/14/2000 11:39:00 AM
From: Robert New	Respond to of 15132

I would keep a watchful eye on the banking index and the financials to get a feel for the future trend of interest rates. The BKX index has been trending down for quite some time (indicating higher rates) however it is showing signs of a bottom. Often the Banking Index is a 3-6 months leading indicator of rates so it is possible we may only get one to two 25 basis points increases by the Fed. If the BKX turns positive I would tend to hold on to most of my long positions. Of course based on valuation I do believe a 10-15% correction is warranted but the money flow per Trimtabs is just too strong at this time to warrant a major selloff. Keep an eye on VOD...Looking very constructive on the chart. Brinkers recent newsletter creates some good discussion and as always time will tell. Good investing to all...