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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Wally Mastroly who wrote (1009)9/14/1998 12:34:00 PM
From: Justa Werkenstiff  Read Replies (3) of 15132
 
Wally: You had better fire up that inernet search engine because Acampora is riding again. He reportedly had a conference with clients today. Said last week was significant and he thought a bottom was put in on Sept. 1 at DOW 7400. Said we had a successful re-test of low last week. Sees intermediate term rally from DOW 8100 to 8400 and as high as 8800 over coming weeks. But he sees a re-test of the 7400 lows in October. During the rally, Acampora says to lighten up for the re-test. Perhaps someone could find an article on the above because I heard it on the television and am not certain I got the rally range correct and may have made a mistake on something else or, perhaps, Acampora could have changed his mind since I heard the report <G>.

His analysis was first made public on CNBC when the DOW was at 7948 this morning.

At what level in the DOW did Acampora make his call?
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