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


To: Boca_PETE who wrote (12573)3/19/2000 10:54:00 AM
From: Alan Bell  Read Replies (1) | Respond to of 15132
 
It was a very nice event. Bob is great in person. It followed the form of previously described events - an opening monologue and then plenty of questions. He stuck around to shake peoples's hands afterward. Several of the Bob Brinker site posters were there as well. I felt really fortunate to have been able to meet Bob and to be able to ask one of the questions.

-- Alan



To: Boca_PETE who wrote (12573)3/19/2000 11:35:00 AM
From: Lars  Respond to of 15132
 
Pete,

>>>
ALL: Linked below is a SUMMARY OF BOB's KGO EVENT COMMENTS earlier today.
bobbrinker.com
>>>
Thanks for the link.

Interesting. Forecasters calling for only one more hike. I recall the early 90s. I read an article awhile back that said basically no one was calling for over 20 cuts (not sure of exact amount).

I am resting pretty well at night.



To: Boca_PETE who wrote (12573)3/19/2000 3:11:00 PM
From: Hank Stamper  Read Replies (1) | Respond to of 15132
 
Re: 'takes 8 short term rate hikes for a soft landing.'

1. This is why Bob continues to say 'this process is expected to take a long time.'
2. Related to #1 is that we are all very accustomed and have been highly rewarded for almost ten years (or, since 1982, if you will) for buying during the dips. This "dip" will not give rewards so quickly. Therefore, beware of counter-trend rallies.
3. Eight rate hikes translates into two years! That is, if the Fed doesn't hibernate for half a year during an election cycle.

I guess the upshot of all this is: patience.

Ciao,
David Todtman