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


To: Investor2 who wrote (635)9/1/1998 8:44:00 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 15132
 
I2: "One must be careful not to give Ralph too much credit. He missed the first 900 points of the correction, that is, he called for a market drop after it had already dropped 900 points."

Good point. But, on the other hand, he stuck his neck out (flip- flopped)and said there was an additional 10% (I am probably off here by some) on the downside when the bull market of late has had only 10% maximum declines. I'll give him a Brinkerhead Tee Shirt for that one. The question is will it make any difference in the long run because he has to make the right call as when to get back in the market. Tax consequences are also an issue.