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

To: Justa Werkenstiff who wrote (13159)	4/13/2000 12:52:00 PM
From: Kirk ©	Respond to of 15132

Ah, it seems like 1994 all over again. Can you say trader's market at best? Actually, I said just that at the start of the year. "Stock pickers" migh do better than "traders" in that we get to keep our gains without paying taxes, but your record is hard to sneeze at even after taxes. 8) What happened in 1994 was fundamentals caught up with prices and then we went on a great run. I think what we are seeing in bubble.com and Bio stocks is more proof to my theory that we can easily get health restored to over valued sectors without killing the patient. My favorite little bubble.com stock has gone from $11 down to $3 (one of the few stocks I did trade some so am well ahead) as have most others that do not have revenue or earnings. Some will survive and many will not. Bio - heck many I read (some on my site) thought "DD means does it have good stories in the press". Good opportunity to get some bubble.com stocks you think have a good chance to win... I am pretty sure that is why the day traders have moved to the small float stocks... really easy to drive them over and under "fair value" and the smart ones are picking the pockets of the new traders. Reminds me of pool sharks! 8) cheers! Kirk out