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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 (1339)	10/2/1998 4:37:00 PM
From: Justa Werkenstiff	Read Replies (3) \| Respond to of 15132

Other than earnings, the situation in Japan seems to be stabilizing which is good news. Lower house passed banking reform. But it took a near financial collapse to get these guys to get their feet out of the mud and you have to have a show-me-the-money attitude with them. Great talk here but we have heard it all before: Obuchi to call for emergency stimulus - Nikkei NEW YORK, Oct 2 (Reuters) - Japanese Prime Minister Keizo Obuchi on Friday decided to direct cabinet ministers to draw up emergency stimulus measures before the end of October to lift the economy out of recession, Nikkei English news said. Nikkei, quoting from the Nihon Keizai Shimbun's Saturday morning edition, said Obuchi will make the directive to ministers as early as October 6. The economic stimulus initiative will feature the expansion of a proposed 10 trillion yen second supplementary budget for fiscal year 1998 and a planned permanent tax cut worth about 7 trillion yen, Nikkei said, adding that the government will press for early implementation of the measures. The prime minister's biggest concern is a delayed policy response by Japan could spark global economic panic, according to the newspaper's sources. Obuchi also aims to include measures that would ease the tightening of credit to businesses, extend unemployment benefits and other jobs-related policies. Nikkei said Obuchi is considering housing-related measures that include making interest on home-mortgages tax exempt.

To: Justa Werkenstiff who wrote (1339)	10/5/1998 12:13:00 AM
From: marc ultra	Read Replies (2) \| Respond to of 15132

re:inflection point. To me an inflection point is an identifiable clear change in market direction or dramatic acceleration in the trend. I think clearly Bob thinks this will take off shortly if not having already started on Friday. I have never heard Bob so bullish and to me it is clear his indicators are lighting up like a Xmas tree and he is expecting a spectacular rally now on the order of his mentioned non presidential congressional election years. If I had funds left I would seriously consider a leveraged investment here However as others have noted as one following Bob's advice there is no stash of cash around and I'm not one to take chances with margin or options for an extended period of time. Let's at least hope his table pounding proves appropriate so we can at least get back from under water from the tsunami we've been hit by. Marc