SI
SI
discoversearch

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


To: DD™ who wrote (69)8/16/1998 8:26:00 PM
From: Justa Werkenstiff  Respond to of 15132
 
DD: Re: "The confluence of a number of different factors is giving me a very nervous feeling about tomorrow."

I definitely concur. It is a good time to be a trader in here with this volatility built into the market <GGG>. Our only hope is that a good part of the Clinton unknown is already discounted in the market. It is kind of like the Y2k problem. We know when the event is going to happen but we can only guess as to what the outcome will be <GGG>.



To: DD™ who wrote (69)8/16/1998 9:22:00 PM
From: Alan Norton  Read Replies (3) | Respond to of 15132
 
RE: Market Negatives

DD, I have been thinking the same way. My list:

Weakness in foreign markets: Southeast Asia, Japan, and now Russia.

Earnings concerns in the tech sector, and to a lesser extent the general market, due to the problems in southeast Asia and Japan.

Possible impeachment of a U.S. president.

The looming spectre of October. In honor of Halloween, the market has been scared by ghosts and goblins in what seems to have become a yearly ritual.

The Y2K concerns, which may eventually rival Chicken Little as one of the greatest 'the sky is falling' laments of all times.

The weakness in the foreign markets, and the earnings concerns are the only ones on the list that could fundamentally affect the U.S. markets. The others are concerns because of market psychology. With the exception of earnings, none of these are tracked in Mr. Brinker's market timing model.

I am PASSING this time on Bob's market buy under DJIA 8650. I will re-evaluate in October, with expectations for a very strong late year rally.