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

To: Math Junkie who wrote (752)	9/6/1998 6:35:00 AM
From: Justa Werkenstiff	Read Replies (2) \| Respond to of 15132

Richard: Re:" I would not have described him as subdued, but rather businesslike. As you said, he was not pounding the table, but was just stating his opinion. I think I did hear him say that he thinks the market will go on to make new highs in the coming year." Let me put my "subdued" comment in context. When the DOW was close to where it is now back in January, Bob was pounding-the-table bullish for the buying opportunity. Now that we have made a round trip and we are back to the January "buying opportunity", Bob (while positive on the market) is not pounding the table at all. That was my point and I don't think how there can be any disagreement on this issue. One has to ask oneself, why was he so bullish then and not so bullish now? If anything, earnings have grown since January and if the model is intact one might surmise that he would be more bullish now than back then. I have some ideas but they are pure speculation at this point. "One caller asked if Ralph Acampora's market call could not be characterized as brilliant, but Bob did not think that description was appropriate, based on the fact that the Dow was already down in the 8400's when it was made. I would tend to agree that "brilliant" would be an exaggeration." Right, Brinker's disagreement with that caller stemmed from the caller's characterization of Ralph's call as "brilliant."