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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 (14728)6/25/2000 2:18:00 AM
From: marc ultra  Read Replies (2) | Respond to of 15132
 
many thanks for a great job by Bob and Justa

1)Justa for caring enough to take the mental aggravation and effort to take control of the thread toward back to the way it was after it started. A place for somewhat sophisticated Bob Brinker followers to discuss the markets and the thinking of Bob Brinker in an atmosphere that shows respect for Brinker and the great advice he has given to help us build assets over the years

2)Brinker who despite obviously having ambivalence over his activities came out and did one of the clearest and best shows ever giving both those involved in the NASDAQ trade and those looking for long term guidance a clearer path.

I will not entertain a debate on the merits here, but it had to be deeply disappointing and difficult for Bob and Bob Jr to put so much effort into building up a great web site only to have it continually abused. I'm talking a lot more flagrant things than just trashing Bob for his advice.

For the vast majority of us we need and value Bob Brinker and his information so much more than Bob needs us as a customer that's it's ridiculous. Most of us are in the process of significant wealth accumulation thanks largely to Bob's advice.

Justa is not a BS artist and would not be pointing out the tenuous nature of Bob's continued career on the radio if if there was not a solid reason. Don Lane has pointed out in the past that if Brinker no longer enjoys doing the show he is gone.

I am selfish. I don't consider myself close enough to critical mass, particularly after being caught in March with a tech and biotech oriented portfolio and a weak S&P hedge that failed to protect me. Bob is making some of the greatest calls of his tremendous public career from which I am profiting and wish to continue profiting. After doing a national show for 15 years I suspect it doesn't take much for him to say enough is enough.

People on this thread are not lap dogs or blind followers of anyone. We are in general people who have chosen to follow Bob because over time he proved to deserve to be trusted and followed on matters financial. I for one intend to do everything I can to both keep this thread pleasant for people like Justa and to do everything reasonable to make Bob Brinker as comfortable as possible and desirous of doing the show as long as possible

Marc



To: marc ultra who wrote (14728)6/26/2000 5:24:00 PM
From: marc ultra  Read Replies (1) | Respond to of 15132
 
Bob's call that the bottom won't be found in 2000 has significant implications. Think in terms of taxes, short and long term gains and hedging. e.g. if one puts on a short hedge it means that hedge won't likely have taxable gains until next year. Further the hedge might be on for a year putting it into long term territory. There are multiple tax implications for both the hedge and the underlying security which can be thought out but I don't have time to further elucidate now. Just wanted to throw out as something to ponder.

Marc