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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Sam2482 who wrote (7752)8/15/1999 1:34:00 AM
From: marc ultra  Read Replies (1) of 15132
 
Vicki, Ralphie was upbeat on WSW since the market had been up that day and he remains an outstanding lagging indicator who is one of the best at predicting what happened yesterday. As to Bob's Saturday monologue and answers to questions I thought it was one of the best as to how the market may develop in the near future with discussion of the steps toward a major change of direction that could develop as we come out of this short term correction and the Dow leads the way to testing and possible marginal new highs. He did not sound super impressed about the prospects for the long term health for the bull. Thinks the movement since we first broached the 11,000's in May has been showing ongoing distribution. Discussed a lot more details but I have to see if I can put my scattered notes together to post more tomorrow so maybe I'll just wait till after the Sunday show. I think if someone was looking for detailed insight into his thinking on how things may be developing Saturday was an awesome show. I'll add the usual caveat that at the moment he remains fully invested

Marc
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