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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 (5551)	6/2/1999 1:07:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 15132

AG speech text available at bog.frb.fed.us

To: Justa Werkenstiff who wrote (5551)	6/2/1999 8:09:00 PM
From: Hank Stamper	Read Replies (4) \| Respond to of 15132

Anouncement: Tulip.com has just made a 24 billion offer for Justabid.com. I have a friend who works in a building across the way from the Justabid.com campus and he said there have been a number of limousines in and out all day. It's dark there now but the lights are still on in the board room. Apparently, there is a guy in there who looked like he just got off the golf links, Frankie Lane or something is his name, my buddy thinks. If anything can re-establish the internet stock rally, this will. (BTW, can anyone tell me why the word, "internet" is not recognized by the spell checker on SI? Is this a sign?) Ciao, David Todtman

To: Justa Werkenstiff who wrote (5551)	6/2/1999 11:02:00 PM
From: Lars	Respond to of 15132

Justa, >>> Lars: It is time to cash in on this internet meltdown. Announcing the Justabid.com special "Internet Splat Beeper." Yes, when your internet stock goes down 5%, your beeper will go off with a loud "splat" noise. And when you have lost everything and cannot afford to pay the monthly charge for the beeper, it will self-destruct. No more embarrassing visits to your wireless provider searching for an explanation for non-renewal. It will be goodbye, gone without a hassle. >>> Good idea. This is like printing money. You know, Gates just doesn't get it. He doesn't see the potential. I am about to enlist the help of Warren. Someone needs to talk some sense into Gates.

To: Justa Werkenstiff who wrote (5551)	6/3/1999 4:53:00 PM
From: Wally Mastroly	Read Replies (1) \| Respond to of 15132

Wanted: (Market)Leaders only need apply - cbs.marketwatch.com

To: Justa Werkenstiff who wrote (5551)	6/3/1999 9:55:00 PM
From: Justa Werkenstiff	Read Replies (3) \| Respond to of 15132

Where does Brinker Stand? I got a private mail today which I might as well respond to here. The poster wanted to know if Brinker would make a bear market call IMO. Well, I am totally in the dark on this one. And it should come as no surprise since only the model knows for sure. Brinker himself said last weekend that the model had not given him a sell signal at that point and that he refused to speculate on what the model might show in the future. So if Brinker did not know, then this stiff does not know anything for sure. We should do so as well. It looks as if sentiment is going to negative. Brinker uses a four week moving average of Bulls/Bull + Bears with 70% being the negative reading. We are knocking on the door to a negative sentiment reading. Hell, we may have even crossed the threshold. I do know that Brinker said that in the short term he expected new highs in the S & P and/or DOW and possibly the NASDAQ. He did not offer the rationale for this projection (he was not asked) and I can only speculate that in major tops in the market there would tend to be a re-testing of the highs. And if and when there is a bear market call or an intermediate sell signal, I would suspect it would occur somewhere near the top. Brinker said in the prior week that his model would tend to give a sell signal in a rising market somewhere at or near the peak so my thinking is at least consistent with that idea. I also would speculate that he is focusing on inflation and inflationary expectations and these well could be the pivotal factors in the model at this point. One more thing. He stated that raising the fed. funds rate .25% would not be a big thing in and of itself assuming moderate growth and continuing moderate inflation although we get a temporary market reaction.