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


To: Investor2 who wrote (3253)2/9/1999 2:40:00 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 15132
 
I2: "I need to increase my equity exposure, so I'm ready for the drop. Unfortunately, it appears that nearly everyone else on SI is waiting for that buying opportunity too. Perhaps there is just too much liquidity to allow that health restoring correction."

Equity funds had a net outflow last week. Must have been Brinkerheads doing asset allocation. Volume yesterday and today thus far is low. Yesterday was lowest of the year on NYSE. We are running out of gas. Now everyone realizes that there are mainly sellers or would be sellers out there. So the correction will be choppy IMO barring any exogenous events.