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

To: Justa Werkenstiff who wrote (977)	9/13/1998 4:33:00 PM
From: Justa Werkenstiff	Read Replies (6) \| Respond to of 15132

Saturday Summary Any idea that Brinker is in any way subdued was soundly put to rest today. Brinker is "very excited about the prospects of the market in 1999." He was very upbeat. Brinker said he was "bullish, bullish, bullish" and even offered a good natured jab at the bad news bears. This was a very important week in the market according to Brinker. Backing and filling took place this past week from the August 31, 1998 low of DOW 7537 and S & P 954. S & P was up 3.6 % for the week. Midcaps were up approximately 3%, samll caps up 2%, NASDAQ up 5% and Wilshire up 3%. Stabilization in Russia and Brazil were noted. New 52 week highs were up for the week over the last week. Fewer new 52 week lows over the previous week. Improved advance / decline noted as well. Regarding Starr report, Brinker noted: "Something like that can only hurt the market only so much and then it can't hurt the market anyomre.... The market has pretty much digested the Bill Clinton soap opera at this point." Brinker said the he did not think there were anymore surprises with the President and he thought that this was out of the way. He does not believe that the fate of Clinton will have a significant impact on the course of the stock market from this point on. He noted the rally on Friday as evidence. Market is more attractive at this time than at anytime during 1998. Classic midterm off-presidential year bottom being put in here. We could have possibly put it in with the August 31 lows. Additional testing of the general area of the new low cannot be ruled out. But if that holds together -- and he expects it will -- a bottom will have been seen close to those lows. In every case but one in this type of correction, the subsequent rallies have been over 50%. Following any probing and testing of the lows, Brinker expects to see new highs in all the averages as stated previously by the summmer of 1999 within a one year time frame. Brinker has a position in Intel again.

To: Justa Werkenstiff who wrote (977)	9/14/1998 2:31:00 PM
From: Math Junkie	Respond to of 15132

While we obviously disagree on the fundamental issue, I must say that was a well-written and entertaining post. Just a couple of points: "You have only posted eight times on the subject..." I spoke out against getting into this debate on the other Brinker thread, but when posts continued showing up on both threads arguing the case, and when Brinker himself spent so much time talking about why Clinton should resign, it was clear that the case was going to be argued here whether I wanted it to be or not. Given that, I felt I had no choice but to let people know that there are arguments to be made on the other side, and that they are not all based on the fact that we have had prosperity during his term. "You do it because he is your man..." You may speculate on my motives if you wish, but, as much as I disliked Nixon, if he had been investigated and/or impeached for trying to keep his private life private, I would have objected in the strongest of terms.