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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Alan Whirlwind who wrote (5231)5/29/1998 4:35:00 PM
From: Allan Harris   of 42834
 
Re: Market crash? It damn may well.

Just got back from 10 days of vacation, away from SI, from the markets, from CNBC. Before I left, I thought there was a lot of negative, bearish sentiment around.

My first impression on being back is that sentiment, everywhere, is even more bearish. Risk may be high due to valuations, but I remember BB emphasizing in his opening remarks about 4-6 weeks ago, the importance of not prematurely bailing out on the bull market. It's relatively easy to hold long when the market is making new highs every day. Much more difficult to hold long in the face of these volatile sharp declines and the now prevalent bearish analysis' by "wrong-way Corrigans."

Allan
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