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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 (2167)11/18/1998 5:04:00 PM
From: Justa Werkenstiff  Respond to of 15132
 
** Small Caps Love Greenspan Rate Cuts **

The chart tells it all:

iqc.com



To: Justa Werkenstiff who wrote (2167)11/18/1998 5:35:00 PM
From: MrGreenJeans  Read Replies (2) | Respond to of 15132
 
Justa

Care to tell us what your equity to cash ratios are these days?

I am 95% in equities and 5% in bonds. I have also had the same thoughts you have had but with 3 rate cuts in 7 weeks I think, please try to change my thinking, we have more upside to come and perhaps pretty rapidly at that. Therefore, I am hesitant about moving into a cash position.

Your comments or anyone else's always appreciated.




To: Justa Werkenstiff who wrote (2167)11/19/1998 10:29:00 AM
From: Jeffrey D  Read Replies (1) | Respond to of 15132
 
Justa:<<Is everybody fat and happy? Time to wake up people and remain watchful of this market. Remember Bob's asset allocation talks of this past summer? We are getting to that point again. Hello, anybody home????

A correction would be normal and healthy here.>>

Justa, note the following from S&P analyst Paul Cherney. I think he is correct and any correction will be met with buying from those who missed the train. It will also be met with further buying from me.
Let's not forget..."I am Bob Brinker...I am here...and I am bullish."
Jeff

<<
Wednesday November 18, 1998 (5:02 pm ET)

Price Weakness Will Be Met By Buyers

By Paul Cherney, S&P Market Analyst
Intermediate term trend remains bullish

NEW YORK, Nov. 18 (Standard & Poor's) - Any pullbacks in price should be limited in both depth and duration. There are too many potential buyers waiting for a dip in prices to become market participants. Any attempts by me to try to pick a short-term turning point seem futile. Could we have one? Absolutely. It would be the most natural thing in the world. A retracement of -3% to -5% could occur at any time, but it's more important to pay attention to the intermediate term trend and that trend remains bullish.

We are now in the beginning of the November, December and January period. Historically, the performance of these three months has been the best for any three contiguous month period during the year.

18-Nov-1998 17:02:05 (01595027) Copyright 1998 Standard & Poor's Investment Advisory Services, Inc. The information contained in this report may not be published, broadcast, rewritten or otherwise distributed without prior written consent from Standard & Poor's.

>>



To: Justa Werkenstiff who wrote (2167)11/19/1998 11:31:00 AM
From: Kirk ©  Respond to of 15132
 
Justa - I Agree with your ** Thread Complacency ** points

We started discussing bonds recently at suite101.com

and Asset allocations to sleep at night suite101.com
to discuss rolling money from high equity positions into fixed positions so we have either:

-more safety to sleep better (I slept fine on Oct 8 since I was tired from pushing the buy button)

-more funds available to buy bargains if we have another correction.

regards
Kirk out