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


To: marc ultra who wrote (233)7/12/2000 2:38:05 PM
From: Boca_PETE  Respond to of 10065
 
I2 & marc - Thanks for your thoughts.

P



To: marc ultra who wrote (233)7/12/2000 4:38:06 PM
From: Wally Mastroly  Read Replies (1) | Respond to of 10065
 
Re: "..hoping for a good report out of ARBA..." - headlines:

16:13 [ARBA] ARIBA Q3 FIRST CALL LOSS ESTIMATE 8 CENTS

16:12 [ARBA] ARIBA Q3 REVENUE $80.7 MLN, UP 578 PERCENT FROM YR. AGO QTR

16:12 [ARBA] ARIBA Q3 LOSS 5 CENTS VS. LOSS 11 CENTS YR. AGO QTR

cnnfn.cnn.com



To: marc ultra who wrote (233)7/13/2000 2:23:36 PM
From: marc ultra  Read Replies (2) | Respond to of 10065
 
bear market rally update:

As of this posting we are at 4178 for the NASDAQ Comp
QQQ's are selling around 99.

If I recall Bob correctly from a while back he thought the NAZ COMP would reach 4000 and had a potential to exceed 4000 by 5%-10%. Also I think he more recently suggested the QQQ' would likely reach or exceed 100. So if we take that 5%-10% potential the NASDAQ COMP could get to a maximum? of about 4200 to 4400. The QQQ's are now sniffing 100 and above with a bit more rally.

If we take 4400 as the upper limit(which I have no idea if Bob wants to) that means we could have a maximum of about 5% gain from here in terms of the NASDAQ COMP.

Take home message:IMO people should be considering what type of action e.g. selling and hedging, they would take when Bob calls a top and make preparations such as transferring money etc. that would allow for quick desired action for when a potential inflection point comes in the near future.

Note that I have no idea if Bob agrees with my interpretations. Also if someone offers me money for further interpretation I will tell them to shove the money up their Wazoo to paraphrase that E-Trade commercial

Marc