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


To: Investor2 who wrote (13049)4/6/2000 5:32:00 PM
From: Justa Werkenstiff  Respond to of 15132
 
I2: Re: "Have you given up on the 'sell signal?'"

I think Brinker's advice is sound. See April 4th.
If that decline had stuck, we might be in a different market and/or economy now. His signal is still valid at this point in my mind. I don't think there is enough money flow to support the entire market for any length of time.

I saw a trading opportunity with a good risk/reward a day or two before the tank. But if someone had told me that the market would tank and put the Naz down 500 plus points and that it was for me to guess whether it would stick or not, I doubt I would have been so bold.

I expect to be back in cash and bonds by end of April latest. All winnings to go to bonds and cash flow creation.

MSFT has good tank protection in that everything that could go wrong has gone wrong and the market tanked on top of it.