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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: marc ultra who wrote (8970)9/29/1999 7:06:00 PM
From: marc ultra  Read Replies (2) of 15132
 
At todays close, From their highs:

Dow down 9.82%
S&P down 10.60%
NAZ down 5.43%%

S&P went through Mr BSL's 1280 area like a moderately warm knife through butter.
I think one thing that should be considered by anyone ready to pile in in and buy this dip is if we did in fact enter a bear after a final test of the highs in September things can get very ugly very fast. I can't remember a time when I felt I have no idea where the market is going to go, even if it was a wrong idea. I would say though that monetary, valuation and seasonal factors give me a queasy feeling

Marc
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