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

To: marc ultra who wrote (11518)	1/29/2000 2:43:00 PM
From: marc ultra	Respond to of 15132

evaluating Bob's "SAA(strategic asset allocation) so far. Since his posture prior to SAA was 100% invested capturing virtually the entire massive bull market of the 1990's, we can say that any downturn since his dramatic departure would go to a correct and brilliant call category though perhaps a massive downturn substantially greater than 20% could take a brownie point off for not going to a bear with zero % equities. I think Monday, Jan 10th can be given as a date when subscribers could reasonably have expected to act. So let us look where we are now compared to Friday night Jan 7th immediately prior to the earliest date when action could have been taken for most. Since the close Jan 7th the Dow is down 6.80% or 783 points. The S&P500 is down 5.64% or 81 points. The NASDAQ composite is down only 14.45 points or 1%. I haven't bothered figuring the NASDAQ 100 but I doubt it is extremely different from the NAZ composite. As one happy poster noted if you started taking action a few days later these numbers especially the NASDAQ could be substantially larger. Someone not getting the newsletter but acting one week later based on the Moneytalk broadcast could have taken action with the s&P 24 points higher and the NASDAQ 100 points higher. I guess the freeloaders may have done better but as a group the non-subscribers are probably somewhat less likely to take Bob's advice anyway. Bottom line since Bob's official call we have had a short term correction of under 7% in the Dow and S&P and only a marginal loss in the NASDAQ and while it is too early to evaluate the appropriateness of the call it certainly felt good last week anyway. Marc