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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (2167)	11/19/1998 10:29:00 AM
From: Jeffrey D	Read Replies (1) of 15132

Justa:<<Is everybody fat and happy? Time to wake up people and remain watchful of this market. Remember Bob's asset allocation talks of this past summer? We are getting to that point again. Hello, anybody home???? A correction would be normal and healthy here.>> Justa, note the following from S&P analyst Paul Cherney. I think he is correct and any correction will be met with buying from those who missed the train. It will also be met with further buying from me. Let's not forget..."I am Bob Brinker...I am here...and I am bullish." Jeff << Wednesday November 18, 1998 (5:02 pm ET) Price Weakness Will Be Met By Buyers By Paul Cherney, S&P Market Analyst Intermediate term trend remains bullish NEW YORK, Nov. 18 (Standard & Poor's) - Any pullbacks in price should be limited in both depth and duration. There are too many potential buyers waiting for a dip in prices to become market participants. Any attempts by me to try to pick a short-term turning point seem futile. Could we have one? Absolutely. It would be the most natural thing in the world. A retracement of -3% to -5% could occur at any time, but it's more important to pay attention to the intermediate term trend and that trend remains bullish. We are now in the beginning of the November, December and January period. Historically, the performance of these three months has been the best for any three contiguous month period during the year. 18-Nov-1998 17:02:05 (01595027) Copyright 1998 Standard & Poor's Investment Advisory Services, Inc. The information contained in this report may not be published, broadcast, rewritten or otherwise distributed without prior written consent from Standard & Poor's. >>

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