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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 (2316)11/30/1998 5:06:00 PM
From: Math Junkie  Read Replies (1) | Respond to of 15132
 
I heard CNBC talking about margin requirements being raised, but I didn't get a chance to hear whether this is actually happening, or if it is just talk at this point. Does anybody know?



To: Justa Werkenstiff who wrote (2316)11/30/1998 5:09:00 PM
From: Jeffrey D  Read Replies (2) | Respond to of 15132
 
Justa, note the Russell was down far less today than other indices. I'm still bullish on the small caps. What is your present opinion of them? Jeff
Nasdq -3.32%
S&P -2.40%
Dow -2.32%
Russell -1.08%



To: Justa Werkenstiff who wrote (2316)12/2/1998 11:47:00 PM
From: Lars  Respond to of 15132
 
Justa,

>>>
Re: "Does anyone think Bob will be making a sell call, presumably because the market has run too far too fast...."

Not a chance. His analysis is suited for the long term investor. He will not market time the noise. The proper posture is to be bullish long term. He will, however, say that one should review asset allocation to equities if the market becomes overbought or overvalued. Translation to the trader -- exercise caution and take profits and put the guns in the holster.
>>>
Great post, especially with market at current levels. Your last sentence is key. IMHO, everyone needs to sit back and think for themselves right now. Ignore the NOISE.

>>>
Re: "...or will anyone be selling stocks whether or not Bob makes a call because of the same reason?"

Yes, been there and done that last week. Hedges to the downside now in the money. Took profits on some of those today.
>>>
I have been selling some positions and lightening up on others. Mr. Market is so excited right now. Two months ago he was in a severe depression, now he is happy. It must be the St. Johns Wort Justa and I sold him from our catalog. We sell herbs now too. HA!

BTW, you should feel the energy after you drink our Bob Brinker Aloe Vera Juice.

I am no longer 2 Beta Lars. I had to take profits on that one. Thanks again Mr. Market.