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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: marc ultra who wrote (7464)8/4/1999 4:35:00 PM
From: Justa Werkenstiff  Read Replies (2) of 15132
 
Marc: Re: "I wonder if in 6 months when we look back to the present time we will say we were in the early stage of a bear market with the final top of the great bull market of the 90's having been reached on July 16th 1999 which Bob identified as possible benchmark highs."

Hey, maybe its time to change focus to look for benchmark lows <g>. None in view yet. I have got three scenarios in mind all dependent upon the numbers in the next few days. If the numbers are much worse than expected, then we continue to look for benchmark lows. If they are mixed, then we get a slow meandering recovery going into the August 24th meeting as the market comes to grip with the probability of a hike. If the numbers are favorable, then we rally back. Place your bets <g>.
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