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

To: marc ultra who wrote (1759)	10/23/1998 3:12:00 AM
From: Jeffrey D	Read Replies (1) \| Respond to of 15132

Poor Bob even gets criticized on other threads. The following is a post off of the AMAT thread. By the way, are the percentage drops on the indexes accurate in her post? I do not recall the DOW going over the 20% mark. Jeff <To: Eugene Kearney (25568 ) From: Teri Skogerboe Wednesday, Oct 21 1998 1:50PM ET Reply # of 25649 How can anyone say whether Fleckenstein was right or not about the general market direction? That chapter hasn't been written yet. It seems to me that he questions almost everything and makes his decisions based on what seems most logical and likely to him. I see merit in that approach. IMO, this market is still not cheap and '99 earnings are pretty much completely "in the air". Also, I still believe that Japan's recovery... or not, will help answer many of the world economic questions. If SI is wasting your time, I'd quit reading it. I have almost... Way too much of the time, these posts are "all heat and no fire". Like the declarations that new highs will be reached on the Dow over the next few months.... when the posters don't know that to be the case. No one can. Just ask Brinker (for one of many examples)...he got no one out of the market despite the fact that he runs a "market timing" news service. He even stated continually that he was "fully invested" while the Nasdaq corrected 31ish%, Dow over 20%.>

To: marc ultra who wrote (1759)	10/23/1998 12:39:00 PM
From: marc ultra	Read Replies (2) \| Respond to of 15132

Russell 2000 update: Once again this morning the Russell 2000 is up while the S&P500 is down. No I am not going to make these updates a full time job but it is definitely a significant issue to see how long and how strong this trend is lasting as the S&P has been an impermeable gold standard for a long time laughing and taunting small cap investors with humiliating underperformance and if money truly keeps flowing to small caps the flood gates may open as investors follow the new trend. We will see if we get an early January effect after Oct 31 when funds have finished tax selling and taking losses so as to limit antagonizing ahareholders with a capital gain after a losing year. I believe Justa pointed much of this out in an earlier post Marc