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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 (13231)4/15/2000 5:25:00 PM
From: Mr. BSL  Read Replies (2) | Respond to of 15132
 
Justa: One opinion worth thinking over:

Logical & possible. I want to see that classic follow through day first though. BTW, Bill in for Bob and he's laying it on pretty thick. Last time I checked, the Dow & S&P500 are still above the February lows. Not to say that we could not go down more. Just that these are logical levels to make a bottom. When the markets are ready to support higher prices they will. If they are not ready, the external stuff may cause bigger swings but won't cause the market to change direction one way or the other.

Real estate mutual funds have nice charts right now. The sector is oversold and some of the bigger equities are paying nice dividends. I don't have much experience in this area but it may be a place to be in inflationary times if that is where we are headed.

Dick



To: Justa Werkenstiff who wrote (13231)4/15/2000 5:37:00 PM
From: Hank Stamper  Read Replies (1) | Respond to of 15132
 
Re 'opinion worth thinking over':

The Put/call ratio (Put/Call Ratio: .91) seems to suggest that once the current crop of margin calls passes, a surge (strong?) is in the offing.

I may try to pick off some MSFT on Monday. This will be my first real attempt to short term trade. As Country Joe wrote, "Whoopee! We're all gonna die."

Ciao,
David Todtman