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


To: Investor2 who wrote (2354)12/3/1998 8:41:00 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 15132
 
I2: "It will not be a buying opportunity if it doesn't go below 8650 and S&P 1100, right?"

According to Brinker, that is correct.

Re: "Don't you want another good buying opportunity?"

Well, if I were positioned for it I would say let it come. But I do not expect it will come and so I am not positioned for it now.

Do you want one?



To: Investor2 who wrote (2354)12/3/1998 11:42:00 PM
From: Lars  Respond to of 15132
 
I2,

>>>
It will not be a buying opportunity if it doesn't go below 8650 and S&P 1100, right? Don't you want another good buying opportunity?
>>>
You will have to forgive Justa. He is so bullish especially since we started our internet mutual fund. HA!



To: Investor2 who wrote (2354)12/4/1998 12:40:00 AM
From: mister topes  Read Replies (2) | Respond to of 15132
 
According to the November Marketimer, the market is
attractive for purchase below S & P 500 Index 1100.
No mention of the Dow has been made with reference to
a buying opportunity. Brinker clearly prefers using
the broadbased S & P 500 Index which represents 74%
of the U.S. stock market total value. He verifies
this with his recommendation to buy spiders below 110.
He is using the S & P only as a buy reference point
at this time.