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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Investor2 who wrote (7912)8/19/1999 4:35:00 PM
From: marc ultra  Read Replies (2) of 15132
 
I2, I might be mistaken but I think that besides having given a worst case scenario of the Dow reaching a high with the other two lagging which happened a few days ago he has also said if he can make a call within 5% of a top that would be great and with his emphasis on the Dow now I guess he may have a 5% cushion or so. I believe he did have some possible scenario from the 70's where a situation like this resolved itself to the upside which someone posted a long time ago on the BB site after the chicago talk but it is my impression from what he's been saying lately the chance of that resolution may be fading. Also the slight improvement in sentiment and the drop in long rates recently may be making his model slightly less negative allowing him to see if this positive scenario might still play out, who knows? Anyway it's important for me to take a stand slightly different from Bob so these obnoxious irritating people who come by here occasionally and call us a bunch of blind BB robots will shut up and stay away

Marc
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