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


To: sea_biscuit who wrote (12709)3/23/2000 5:13:00 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 15132
 
Dipy: The Brinker call is getting too close for comfort for some followers.

I doubt he will get back in at higher prices. His analysis is and was sound. Nobody can argue against the risk in this market. The only valid argument against his analysis is that the market keeps going higher. For some, that is the only argument that matters. For others with a respect for market history, the risk in this market is too great for a fully invested long term position. Cash provides one with options.



To: sea_biscuit who wrote (12709)3/23/2000 7:07:00 PM
From: Rillinois  Respond to of 15132
 
Dipy,

I wouldn't be surprised if Brinker highlights the fact that the Dow is still negative for the year. As he did "AT THE BOTTOM" of the correction, Bob will do his best to convince the country that the Dow is not that bad of an index.

Remember when the Wilshire was down a mere 5%, but the DOW was down nearly 18%. I believe that's when Bob officially came out of the closet, cleared up any ambiguity and declared his bearishness and said the decline in the market had the chance of being a REALLY BIG DEAL. It's sad to see Bob have to resort to a laggard index in order to justify his market timing.

Best Regards.

Rillinois