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


To: Boca_PETE who wrote (1376)10/5/1998 3:10:00 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 15132
 
Pete: You hit the nail on the head. The test thus far today has not breached any previous lows. By all accounts, it was the NASDAQ's turn today for a test after it showed weakness in the light of Friday's rally. And the volume on the NYSE is on track to close a somewhere in the 750m range. This again is lower volume. In fact, it should be close to the average daily volume for the month of Septemeber. Even if we do not get a bounce in the final hour, the lower volume is compelling. We are running out of sellers. Let's hope this continues.



To: Boca_PETE who wrote (1376)10/5/1998 3:28:00 PM
From: David Bogdanoff  Read Replies (1) | Respond to of 15132
 
To all;

Would someone who heard BB's Sunday program be so good as to post a summary? Thanks in advance.

David

P.S. I heard a few comments on Berkshire Hathaway from BB. He pointed out that it had declined much more in the current downdraft than the market and rather left me with the impression that he regards it as an underperformer? Is that a justifiable conclusion(I did not here all his comments)? It has seemed to be that BB has been reluctant to acknowledge BK's outstanding performance over the years(far better than any index or diversfied portfolio, a concept which WB eschews).
Comments anyone?

David