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


To: mister topes who wrote (1395)10/6/1998 6:32:00 AM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 15132
 
Don: As always, thanks for taking your time and going out of your way to share your insights with all of us. And give my best to God if you see him <G>.



To: mister topes who wrote (1395)10/6/1998 9:44:00 AM
From: Lars  Respond to of 15132
 
Don,

>>>
New lows on both Nasdaq and NYSE still tons below level
of August 31-September 1 average. And volume continues to
contract on downsdays during tests of the prior lows.
So far so good. Look for sellers to evaporate in October
and rally to new highs will be underway as buyers prevail
in a price vacuum due to lack of supply at depressed price
levels as always occurs at significant lows. And this is
definitely the most important low since the 1994
triple bottom around Dow 3600.
>>>
Thanks for the information. Looks very interesting at this point.

>>>
Looks like market can launch incredible price gains from this low region, perhaps well surpassing the present Dow 9500 prediction on Moneytalk and finally getting into five digit territory over next 1-2 years.
>>>
This would be fantastic and it would drive stakes through the hearts of the Bob Brinker naysayers.

If this happens, I believe this would be one of Bob's finest moments. Investment history. Period.



To: mister topes who wrote (1395)10/6/1998 3:07:00 PM
From: Greg Butcher  Read Replies (1) | Respond to of 15132
 
RE:"Looks like market can launch incredible price gains from this low region, perhaps well surpassing the present Dow 9500 prediction on Moneytalk and finally getting into five digit territory over next 1-2 years."

Don, Why do you discount the so called Global Melt Down? Is this not a factor in reaching new highs? Just wanted to get your spin on that.
Thanks.

Greg