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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: marc ultra who wrote (724)9/5/1998 1:55:00 AM
From: marc ultra  Read Replies (1) of 15132
 
buying opportunity. Keep in mind as has been noted before some of these non presidential election years Bob has made a big deal about came off of quite substantial drops. It looks like this one has a good chance of having a bottom of about 7400 and I think Greenspan's comments can only be positive. The substantial destruction of wealth many have gone through will be followed by impressive creation of wealth as Bob's buying opportunity goes from looking like a disaster to another good call looking back 3 or 6 months down the road. I am looking forward to Bob proclaiming again that other than this unfortunate blip all further surprises will be on the up side. For the official record books though it would be very nice if we never close that 20% down official bear market number. Looking at the BB threads the fear and trepidation is overwhelming and is multiplied when you look at other non BB sites. We are beyond cleansing the nervous nellies out and now the bedrock bullish investors are becoming nervous nellies. Time for a big fat rally and if today's turn around point turns out to be the inflection point we may return to land of happy campers soon as net worth resumes its upward climb. If we are ready to resume the bull market climb the last thing I would care about is trying to pick areas of overhead resistance at this point

Marc
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