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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: MrGreenJeans who wrote (10550)12/19/1999 1:47:00 PM
From: Justa Werkenstiff   of 15132
 
MGJ: Re: "How about for starters a 15 to 20% correction and no immediate market rebound in the intermediate term and then who knows?"

I don't see a 15%-20% overall correction unless the Fed. becomes hostile. Maybe something a tad over 10%. The Naz. is a wild card. It is too early to tell with Y2K looming that this will be their disposition. Also, it seems some have accepted two rate increases in the context of a slowing economy. The economy is not slowing sufficiently at least not for now.
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