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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: marc ultra who wrote (7383)8/2/1999 5:45:00 PM
From: Allan Harris  Read Replies (1) of 15132
 
RE: Is it the impression of others that Bob would need some type of test of the July 16th highs before possibly calling a bear or if we rolled around here around 5% or 6% below those highs that that might be adequate if fundamentals in the model deteriorate?

He has always stated he would not intentionally ride out
a major bear market. Therefore if the market declines 50%
or anything close to that he will ride it out unintentionally
unless the model turns bearish somewhere in the general
vicinity of the top, which he has defined as about within
five percent of the top.
--Don Lane July 25, 1999

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