Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Investor2 who wrote (11899)	2/12/2000 11:46:00 AM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 15132

I2: Re: "Unfortunately, my largest sale was in PBTCX, which has gone up the most." As you know, Bob's call must be measured against the broader market. PBTCX was up what --- over 230% last year? The strongest are always the last to fall in a declining market. Why? All the fish are chasing them from their underperforming holdings. One cannot predict with accuracy the extent to which a crowd will chase winners in a speculative market. I have noticed this weekend that I have not heard one talking head address the possibility that we may be at the start of a bear market now. I find that fascinating. The Dow is dead, blah, blah blah. Ignore the Dow, blah, blah, blah. There is a new economy and an old economy, blah, blah, blah. Gee, I thought we had one economy when you add it all up. Okay, forget about the Dow and the Naz, why not address the S & P 500. Silence. Looks like a downward channel to me. Can we really rally to new highs with the financials in the tank, $30 oil, rising commodity prices, a tightening Fed., gold on the move, valuations at all time levels, sentiment at historic levels, a worry free consumer and historically tight labor markets? More silence. Time for the leaders to fade here.

To: Investor2 who wrote (11899)	2/13/2000 4:29:00 PM
From: Lars	Read Replies (3) \| Respond to of 15132

* Market Summary * 02/11/00 02/04/00 %Change S&P 500 1,387.11 1,424.37 -2.62% Dow Jones 10,425.21 10,963.80 -4.91% NASD Comp 4,395.40 4,244.14 +3.56% Russell 2000 537.10 525.52 +2.20% SOX Index 912.19 868.02 +5.09% Value Line 404.91 417.28 -2.96% MS Growth 489.11 508.24 -3.76% MS Cyclical 474.91 511.74 -7.20% T - Bill 5.47% 5.49% -2 BP Long Bond 6.30% 6.23% +7 BP Gold - Oz-Near Month $313.60 $313.00 +$.60 Silver - Oz-Near Month $5.35 $5.57 -$.22 Consumer Credit for December rose +$11.2 billion A +9.7% Annualized Rate - November revised up Richmond FRB Index eased to +13 from +15 Fourth Quarter Productivity Fantastic - +5.0% Unit Labor Costs Decline -1.0% - Compensation +4% Wholesale Inventories rose +.4% in December Sales up +1.1% *Jobless Claims rose +27,000 to 301,000 FWIW, take a look at the three month chart on QQQ. This is fascinating to me. Only 3 months. quote.yahoo.com