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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 (1416)	10/7/1998 3:42:00 PM
From: Trebor	Read Replies (4) \| Respond to of 15132

>Bob: If you elect to pull some chips off the table...< I'm not taking anything additional off the table (I've already culled out the real losers), I'm looking for an entry point, and that's what's frustrating. While I want to buy into Brinker's case for new highs in the coming months, I just don't think his model is accounting for the global situation, as well as emotional and psychological factors. I sense a mood among the media and the market pundits that, by golly, we're gonna have us a bear market; we've worked for it, we deserve it and nobody is going to deprive us of it. Cover stories like the one on the current Newsweek "The Crash of '99?" is a case in point. I wonder how many casual investors see that headline in the checkout line at Safeway, don't even bother to read the article but think "gee, maybe I'd better pull some money out of the market." In short, it all becomes a self-fulfilling prophesy. I'm not sure Brinker's model, or any model, can account for such behavior.