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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: wooden ships who wrote (137)3/31/1997 4:23:00 PM
From: Lars   of 42834
 
truman

summary:

thinks inflation fears are overkill.....
callers talked of industry slowdowns....
wages not rising as fast....
one guy in board lining business? said this is exactly as it was before recession of '90.....
6600 gift horse possible......
7200 - 7400 if rates not spiked up more.....
cautionary tone when we get there; said we may see old fashioned bear market of 12 to 18 months......
new era thinking of it being different is wrong, very wrong......

i follow his partner in the bj group, sheldon jacobs.......my interpretation of his thoughts are we will see more bear mkts....only not as long lasting.....anywhere from 6 to 18 months.....this will cleanse the excesses.......but still will be great opportunity to increase wealth over next decade or so.......remember this is my interpretation........

i look forward to the next newsletter.....i especially am interested if the market gets to 7200......

fwiw,
lars
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