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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 338.73+0.7%Dec 10 4:00 PM EST
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To: marc ultra who wrote (6410)9/30/2011 7:27:39 PM
From: Boca_PETE   of 10065
 
Thanks marc - I appreciate your views.

The current market action brings back the memory of a correction to the 8600 area during the 1990's when I think brinker had called a gift horse buy there were repeated tests of that area. The area held up for a flat period of time, but then the market collapsed down to the 7400 area after an interday low around 6800 - very scary as I remember. So then we had to start all over again with a new benchmark low and subsequent tests.

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