Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Wally Mastroly who wrote (1897)	7/22/2002 7:19:24 PM
From: marc ultra	Respond to of 10065

Wally re<<<<.and the good-old VIX keeps-a-risin'..... <g>>>>> Wow, that close at 48 today puts us right where we were on 9/20 and 9/21. Also that was a true panic selling once we reopened after 9/11 while this is the drip drip water torture of 73/74. It will be interesting to see if Investors intelligence bulls/bears falls further this week given we are down pretty hard since last week. I'm still looking for a final fall to lower levels which will continue to improve valuation and lead to a classic Q4 bottom maybe after a brief bounce here. Not precision I'm counting on though given the tendency of the market to always know how to screw up the best plans of bulls and bears alike especially if they get too cute Marc

To: Wally Mastroly who wrote (1897)	7/23/2002 8:07:57 AM
From: Boca_PETE	Read Replies (1) \| Respond to of 10065

Wally M: RE: ("PIMCO's Bill Gross interview on CNBC") PIMCO's Bill Gross sees go-forward market dividend yields rising to the 3-4% range and total returns in the neighborhood of 6-8%. To achieve this, there would need to be some combination of higher dividends and lower stock prices. Thus, he thinks the market averages could fall up to another 25%. Gross warned that many high profile companies have used over-optimistic estimated investment returns (some in the 10-12% area) in computing their pension expense. These companies will ultimately be taking heavy charge hits against their future earnings when these pie-in-the-sky estimated pension investment returns come in at 6-8%. The interview occurred on CNBC's After Hours program last night with Maria Bartaroma. The other guest was John Bogle who praised Bill Gross for his candidness. P