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


To: stock bull who wrote (529)8/31/1998 7:12:00 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 15132
 
Stock Bull: Thanks for the kind words.

Re: "Do you remember that last Oct. there were TV specials at night covering the days events, analyzing everything, and trying to convience the "small" investor that they should sit tight."

Yes, but the small investor was out the next day buying like bandits. That has not happened this time as far as I know. Although, the good news (yeah, right) is that there has been very little equity outflow from mutual funds not including today -- the numbers are not in yet.

Re: "Justa, try to sit tight and see what happens."

My plan exactly but not like there is too much choice in the matter at this point. Now there was some choice like 800 DOW points ago <G>.



To: stock bull who wrote (529)8/31/1998 11:05:00 PM
From: Lars  Read Replies (2) | Respond to of 15132
 
stock bull,

I am waiting to find more information but most of the individuals I know have not sold. In fact, many are buying. The institutions, imho, blame the little guy but they are mostly at fault.

From the research I have done on 73-74 the institutions in many cases were the first to leave and last to jump in. This stuff is very interesting.

As for me I was a buyer today at the lows. I just hope for the threaders here that I dont become a contrary indicator. Ha!

I still believe the most important thing to remember is to buy when others are fearful.

FWIW.



To: stock bull who wrote (529)9/1/1998 7:30:00 AM
From: MrGreenJeans  Read Replies (1) | Respond to of 15132
 
SBull-New York Times

You have been quoted in the New York Times Business Section today on your comments pertaining to Dell Computer.