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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: marc ultra who wrote (6546)7/7/1999 10:40:00 PM
From: marc ultra  Read Replies (2) of 15132
 
P/C 10 day moving average .50. It is interesting that while everything seemed to be falling in place for a possible market top we get this very strange unexpected reduction in bullish sentiment in Investors Intelligence as I noted earlier. I could see a few fundamentalists bailing after the huge move last week but I would have suspected the technicians to all get wildly enthused. I have no idea now where next week's number will go but it should be very interesting Meanwhile we made marginal new highs today on unimpressive volume. I guess we'll get Bob's take on the market in a few days either in the newsletter or the show

Marc
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