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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Investor2 who wrote (1109)9/18/1998 10:01:00 PM
From: Justa Werkenstiff  Read Replies (3) of 15132
 
** Thinking Out Loud ** If Brinker normally defines an intermediate term correction as lasting from 6 weeks to 6 months, I wonder what is his rationale for believing that we might not see new highs until around a year from now.

I never seen more bears on the financial television shows than I have the past two weeks. My goodness, almost everybody I saw thinks we are either going to test 7400 or sink right through it within a few weeks.

The television mind set had the release of the Clinton tapes on Monday as the reason for the market's action today going into next week. I don't get it. The street can read the Starr report. They know what the deal is here. Making a bad movie of it should not cause the market to go into a tailspin.
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