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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 (1961)	11/3/1998 7:34:00 PM
From: Jeffrey D	Read Replies (3) \| Respond to of 15132

This one is in the running for the "Mr. Greenjeans Monkey With A Buy Button" award. To: Dipy (8299 ) From: Skeeter Bug Thursday, Oct 8 1998 6:01PM ET Reply # of 8591 his model is crap and can only predict bull markets. global overcapacity due to easy money is the cause of current problems. so what does bob want? easier money. wow, pour gas on the fire started by gas ;-) we now must live with the results of yesterday's excesses.>> Yes, yesterday's excesses. Like the excessive number of SkeeterPosts we used to see. Funny, haven't seen any new posts from him lately. Jeff

To: marc ultra who wrote (1961)	11/3/1998 11:09:00 PM
From: Lars	Respond to of 15132

Marc, >>> Lars:re 2beta, Actually I had been thinking of using ProFunds but I'm sort of glad I didn't. I thought their expenses were kind of high, and as I recall they didn't have telephone exchange to and from your bank. >>> Expenses thru Waterhouse 1.33% and $25 to purchase. I use Webroker to buy all positions. No problem to buy or sell so far. In fact I am surprised at how easy it has been. >>> I don't think I would have done nearly as well as perhaps someone as yourself since I suspect when Bob first called his buying opportunity I would have probably split my money between ULTABULL and ULTRAOTC and taken a huge hit before eventually climbing back. >>> Interesting. This is where a plan comes in. Like I said in an earlier post I never would start to contemplate an investment like this unless we were at least 15% off. Also, most importantly, my "gut" feeling was to go with plan. When I listen to this feeling I usually make great decisions. I appreciate and respect Bob immensely but I am a firm believer that each of us needs to have a personal plan. Bob is a tremendous help but in the end I take responsibility for my investment decisions. I need to have my own plan to achieve critical mass. Not that you don't think this way. I just want to point out that it is a rare occasion indeed that I would implement a plan such as this one. In hindsight this type of decision was a moderately easy one when we approached the 19% decline range. I still haven't worked out my plan completely for the real bear. Again, I would take in Bob's advice but in the end I pull the trigger. The only problem is going to the upside is a different story. I think I would have to include the "Justa" variable too. He has been so "hot" that he has been melting our buy buttons. I now light a candle on the Brinker shrine for him too. HA!!!!! FWIW.