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

To: MrGreenJeans who wrote (4344)	4/7/1999 8:23:00 PM
From: Justa Werkenstiff	Respond to of 15132

MGJ: Re: "Ok Justa, just put on my tutu and here is the deal:" Good to hear you are crossdressing <g>. Hope the Captain approves. Re: " The Federal Reserve Valuation Model that forecasts an under- or overvalued stock market is stating that tonight's market is 20% plus overvalued. Depending on assumptions in rates and profits, if rates fall to 4.5% and profits rise approximately 7.5% this year the market should be at about 1235 on the S and P which would make the market somewhere in the vicinity of 6% plus overvalued (someone else do the math my calculator is not handy)." Blah, blah, blah. All I wanted to know is if Yahoo was going up tomorrow <g>. Kirk has me excited about the internuts now <g>. Re: "My projections are as follows: If everything goes as expected the market trades sideways for a while and perhaps the economy catches up with the market and we go higher from here based on fundamentals. Early to mid-April should be strong for technology companies especially those companies semiconductor sector due to all the large cap companies having a better than expected 1st quarter. Msft should have their usual kick ass quarter and Vodafone which reports at the end of May is posting record numbers which should correspond to record results. At the moment all is right with the world." I agree. No real correction until earnings are on the books. Choppy from here to there. Market has discounted a good quarter already. Need better than good to keep the game going. All bets off if Kosovo heats up. BUT the Yugo SOB is showing sure signs of feeling some pain. Cease fire? Right. He has been watching the weather channel and knows the deal and is praying for rain. Give up the POWs? Yeah, need to look like Mr. Nice Guy now. Ground troops if any are more than a month off at least not including the low flying "ground troops" in the Apaches and their support troops. Still developing and a definite risk. Re: "There will probably be a nasty correction sometime this year and I sure as hell wish I knew when it was coming because I would like to sidestep it." Yes, I have called ten out of the last two corrections <g>. Wish I knew when too.