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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 (2920)	1/21/1999 11:33:00 AM
From: Justa Werkenstiff	Respond to of 15132

Brazil: This news won't help things: Brazil's real slumps 6.5 pct to 1.70/dlr SAO PAULO, Jan 21 (Reuters) - Brazil's embattled currency took another hit in morning trade on Thursday, tumbling 6.5 percent against the U.S. dollar as persistent capital flight drains the country's private dollar stock, traders said. "We're seeing $300 million leave the country every day, and the Central Bank isn't intervening with reserves any more," a fixed-income trader at Unibanco said. "The market has run out of dollars." The real slumped 6.5 percent against the dollar Thursday morning to 1.70 from Wednesday's 1.59 real close. The currency has depreciated 28.8 percent against the dollar since last week when the Central Bank began to lift its tight trading controls. Speculation over big dollar outflows Thursday and fear that Brazil's woes could spread to Venezuela and Argentina also unnerved investors Thursday morning, traders said. Dealers were alarmed by remarks from Morgan Stanley Dean Witter global strategist Barton Biggs. "I'm very afraid it (the currency crisis) will claim other victims in Latin America," he said at a panel in Tokyo. "The most obvious one is Argentina." A trader in Sao Paulo commented: "It's general nervousness all around about big dollar outflows today, a devaluation in Argentina and the band in Venezuela." A net $334 million left Brazil Wednesday, bringing total dollar loss so far this month to $6.494 billion. Outflows had been expected to decline after Brazil lost $5.16 billion in December.

To: Justa Werkenstiff who wrote (2920)	1/21/1999 12:01:00 PM
From: marc ultra	Respond to of 15132

Justa re<<<<when don was kind enough to first give us this indicator while he was in your face >>>>> My spouse may get in my face also but like for Don it is in my interest to listen carefully Marc

To: Justa Werkenstiff who wrote (2920)	1/21/1999 1:40:00 PM
From: Investor2	Read Replies (1) \| Respond to of 15132

RE: "Ten day Put/Call ratio is 51.9% as opposed to 49.6% ..." Do you have levels at which you consider the Put/Call ratio to be bullish and bearish? Thanks, I2

To: Justa Werkenstiff who wrote (2920)	1/21/1999 2:17:00 PM
From: Boca_PETE	Read Replies (1) \| Respond to of 15132

Anyone: re: <AFTER TAX - SHARPE RATIO> Brinker recently said that Investors Business Daily publishes 5-Year AFTER TAX RETURNS in their mutual fund tables. He called that a neat feature of IBD. It occurs to me that one could use such returns to compute an "AFTER TAX SHARPE RATIO for the purpose of selecting mutual funds if only one could obtain the 5-Year STANDARD DEVIATION for mutual funds. The Morningstar and Weisenberger services publish 3-Year mutual fund Standard Deviations. QUESTION: Does anyone know of a source to obtain 5-Year Standard Deviations for funds so that one could make such an apples on apples computation verses applicable benchmark funds ? P