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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 (1277)10/1/1998 11:31:00 AM
From: Wren  Read Replies (1) | Respond to of 15132
 
The European markets are down 4 to 6% with a few down even more and very few down less.

Asia was not down as much as Europe is.

US markets are down significantly two days in a row.

Is this a buying opportunity?



To: Justa Werkenstiff who wrote (1277)10/1/1998 1:49:00 PM
From: marc ultra  Read Replies (2) | Respond to of 15132
 
re:retest? I think Bob would have preferred less volume on a retest, looks like a pretty active day. I wonder if we need to start putting up the sandbags to keep this sucker from blasting through 20% the way it did through 10%. I guess what ever happens in the short run the fed winds are now at our backs and the market seems like a buy and since many of us are fully invested if not over invested I guess there's not much to do but watch and worry.

Marc



To: Justa Werkenstiff who wrote (1277)10/1/1998 3:21:00 PM
From: Lars  Respond to of 15132
 
Justa,

>>>
Lars: I smell retest !! Oh, my, mama..........and what a retest we have. Ouch . Closing low to watch is DOW 7537 and intraday 7401. We are at 7641 as I write. Extremely important day here.
>>>
I have been smelling that salt they give boxers today. In between passing out I have been buying. HA!