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

To: MrGreenJeans who wrote (4295)	4/5/1999 9:41:00 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 15132

MGJ: Nice post. I could not agree more. I have no recollection of the 1987 call as that predates me. I would throw in Kosovo for good measure. There is no way to know when and how this thing will be resolved. Market views this as a non-event. Maybe it will end up that way (I don't think so) but the market has ignored this completely up to this point.

To: MrGreenJeans who wrote (4295)	4/6/1999 9:48:00 AM
From: Wally Mastroly	Respond to of 15132

MGJ, Re: "..Today I took more profits...." "..Nothing good happens at these valuation levels and the persuasive case for the bull becomes more difficult to make..." I agree. Always prudent to take some money off the table when the bull is raging out of control - even if it flies higher. Profits taken are much better than "potential" for even further gain. Downside risk becomes much higher than the upside during this type of euphoria and at these valuations. Wally