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


To: Justa Werkenstiff who wrote (287)7/15/2000 2:05:32 PM
From: Adam Smith  Read Replies (1) | Respond to of 10065
 
Interesting article on lack of wealth effect cause by market downturn.

``The negative effects from the loss of stock market wealth following a crash would dominate the positive effects from the Fed lowering interest rates immediately after the crash,'' said Fair.

The bottom line would be a ``significant'' recession, Fair wrote in a paper titled, ``Fed Policy and the Effects of a Stock Market Crash on the Economy.''

dailynews.yahoo.com

Adam



To: Justa Werkenstiff who wrote (287)7/15/2000 2:47:50 PM
From: Justa Werkenstiff  Read Replies (3) | Respond to of 10065
 
*** QQQ and Korn *** So much for any detailed QQQ discussion this weekend.

Korn put out this message, in part, within the past two days: "I think it is reasonable to think that BB may discuss the exit point on this weekend's broadcast and either give guidelines as to when to sell it next week ...."

It will bet that it will not happen. And you know why it won't happen? It is because of Mr. Korn. Mr. Korn sits on the sidelines waiting to resell any of Brinker's insights and, thus, I expect Brinker will offer nothing along those lines to line the pockets of Korn. I will wager that his commentary on the QQQs will be sparse and limited to "hold" or "take profits" if anything at all.

THANK YOU MR. KORN!!!! YOUR EFFORTS IN RESELLING BRINKER'S ADVICE FOR YOUR PROFIT HAS AND WILL DEPRIVE REGULAR PROGRAM LISTENERS OF ANY DETAILED DISCUSSION OF TRADING IDEAS LIKE THIS ONE FROM THIS TIME GOING FORWARD. PUT THAT IN YOUR SUMMARY!!!!