Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gary Taylor who wrote (13218)	4/15/2000 8:40:00 AM
From: Justa Werkenstiff	Read Replies (2) \| Respond to of 15132

Gary: Thanks for the update. Brinker is right, It will be difficult to pick the bottom, especially in the Naz. The swiftness and magnitude of the decline were historical but the same can be said for the ride on the way up. Valuation issues aside, we are resting now on top of the intersection of the uptrend line from 1999 prior and the October 1998 bottom: marketdirectionanalysis.homestead.com

To: Gary Taylor who wrote (13218)	4/15/2000 10:36:00 AM
From: rsie	Read Replies (1) \| Respond to of 15132

I heard that interview too. Got this from another thread.....good advice.... "Go ahead and buy the dip. If this is a real BEAR market as I think it is, supports won't matter, they will be crossed like a hot knife in butter. The market seems to be telling us that an economic slowdown, maybe even a recession, is up ahead and that is not good news for anyone especially equity markets. I would encourage you to stay liquid for in a bear market you will lose money- the trick is to lose as little as possible." I think Brinker is saying the same thing,Rich

To: Gary Taylor who wrote (13218)	4/15/2000 11:28:00 AM
From: Digger Sacket	Read Replies (2) \| Respond to of 15132

>>>People are scrambling to get into cash, but they're too late. A good time would have been January when BB urged investors to get most of their money out of the market, since he was fearful that this would happen. >>> Some paid the taxes on the 40% equities they've sold. Some paid no taxes on the 40% equities they still hold. In a big bear, what what makes sense? Digger

To: Gary Taylor who wrote (13218)	4/15/2000 3:29:00 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 15132

Boy, it must be a very nervous weekend in the Valley dailynews.yahoo.com "Hotbed of foreclosures" if the slide continues for just one more week? Boy, that should give an indication of how high the mania had taken the prices. Anecdotally, I have heard of one instance where a house that was on sale for 430k was bid up to 530k, and yesterday, the guy who was third on the "list" (his offer was 475k) got a call that his offer would be accepted! However, he had to back out because he had got creamed in the markets too. Dunno whether it will continue but, as I said, this one must be a very nervous weekend in the Valley.