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


To: marc ultra who wrote (4982)5/6/1999 12:05:00 PM
From: marc ultra  Read Replies (2) | Respond to of 15132
 
KEEP ALERT Rates close to 5.75 now. Greenspan talking cautiously and the market still near all time highs. If employment report not on the weak side in terms of stuff like jobs and hourly wages tomorrow then the market looks awful IMO. In the absence of such weakness if the market remains at nosebleed levels and long rates do not drop significantly I think of consideration of some capital preservation has to enter the picture. When Bob does his model update next week under these conditions I can assure he won't say screaming buy

Marc