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


To: Boca_PETE who wrote (34)8/16/1998 12:18:00 PM
From: MrGreenJeans  Read Replies (2) | Respond to of 15132
 
Rally in the Making

All the money that has been pulled out of the market in recent weeks will be pouring right back in, in an explosive manner, within the next few weeks.

I have no doubt Bob is calling the market correctly. Low rates, low inflation, more reasonable price earnings ratios from just one month ago, personnel at Goldman Sachs bullish...all will make for new record highs once more.

The money which was pulled out within the past month are those monies from people who should never have placed their money in the market to begin with and monies from institutions trying to incorrectly time the market.

Nothing fundamental has changed except perhaps the psychology...and the psychology is so fickle that it turns on a "dime."