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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (830)	9/9/1998 9:37:00 AM
From: Wally Mastroly	Read Replies (2) of 15132

Re:"Rally brought to you by Al and, perhaps, Andrea <G>" Some comments from some other experts (not us) - usatoday.com >But the psychological impact of such a shift in Fed policy could be dramatic, as Tuesday's run-up on Wall Street can attest.< Yesterday will be a very hard act to follow. Without some good news for a change, market more likely to start to move down to test recent lows soon. Near term news could be dominated by negatives including - Clinton debacle, Russian government anarchy, & perhaps the one with the most affect in this nervous market: "pre-earnings" warning season. And lets face it, when all the internal/external "noise" subsides, it is earnings - & the prospects for earnings that drive the market. By the way, what's Bob's latest guesstimate on 3Q/4Q earnings? Anyone hear him address earnings prospects last weekend? P.S.- Also some early commentary on Bank of Japan lowering rates biz.yahoo.com Article indicates that it will be update later.

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