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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (9353)10/17/1999 5:48:00 PM
From: marc ultra  Read Replies (1) of 15132
 
Justa, one thing I would note is on 8/21/87 the sentiment reading reached 76.0%. In our current run we got to a high of about 68% from the August high to the July re-visit before dropping back substantially. We have an interesting time now where Bob remains bullish and sees us only a few percent from a correction bottom barring a y2k panic, while at the same time there is a lot of fear and trepidation about the market and the fundamentals and Oct history. For someone who's worried there is of course still a simple partial solution; wait for Nov 1st when we leave Oct behind and are back into the historically relatively strong Nov 1st through May 1st time period

Marc
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