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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 (13147)4/13/2000 7:10:00 AM
From: Chris J. Horne  Read Replies (1) | Respond to of 15132
 
"If you look we're down a lousy 2 points in the S&P since Bob's 12/31/99 benchmark."

Bob made his bear call on 1/11/2000, not 12/31/99 as he seems to be implying. According to my numbers, the index changes from 1/11/00 are as follows:

Wilshire 5000: Up 0.66% from 13497 to 13586
S&P 500: Up 1.78% from 1441 to 1467
DJIA: Down 3.45% from 11522 to 11,125
NASD (for reference only): Down 2.9% from 3883 to 3770

Bob's favorite index used to be the Wilshire 5000 and he used to say the DJIA was "only 30 stocks". Lately he has changed his position, saying the Wilshire 5000 does not have enough history to use as a benchmark. He now touts the DJIA as "broadly diversified" and also references the S&P500 a lot.



To: marc ultra who wrote (13147)4/13/2000 10:27:00 AM
From: Investor2  Read Replies (1) | Respond to of 15132
 
Re: "Still would hold my large URPIX 2beta short fund. If you look we're down a lousy 2 points in the S&P since Bob's 12/31/99 benchmark. With a bear we would go down close to another 20% from here."

After reading the last 10 or so positive posts on this thread, stating how cheap various tech stocks are, how good earnings will be, etc., it's nice to see a cautious to negative view.

Come on Justa, Mr. BSL, Mr. GJ, this is supposed to be a BEAR thread! <g>

Best wishes,

I2