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


To: Allan Harris who wrote (13472)4/26/2000 10:16:00 AM
From: Investor2  Read Replies (2) | Respond to of 15132
 
RE: "I don't think we ever figured out whether those who are 40% Long want the market to go up or down."

While your post may have been tongue-in-cheek, your above-referenced comment is very interesting. As someone in the 40% long group, my portfolio value goes down when the market goes down. Despite this loss in net worth, I find myself "cheering" when the market drops. The market drop may decrease my net worth, but it will make my decision to sell a good portion of my portfolio the "correct" decision; yes, the market drop will make me "right."

Best wishes,

I2



To: Allan Harris who wrote (13472)4/26/2000 10:49:00 AM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 15132
 
Allan: Elian says watch the SOX breakout from some resistance. Elian saw TER make a new high yesterday. Elain sees AMAT on the same course before earnings are announced come May 10th. Elian does not care about the ECI or GDP deflator today. Elian says to look at the Naz and Dow diverge again as investors rush back to tech. land.



To: Allan Harris who wrote (13472)4/26/2000 1:31:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 15132
 
I don't think we ever figured out whether those who are 40% Long want the market to go up or down.

Even if you are 49% in stocks and 51% in cash, you still have a reason to cheer every decline in stock prices.