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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Boca_PETE who wrote (1442)10/7/1998 4:52:00 PM
From: marc ultra   of 15132
 
Pete, re:test. Thanks for posting those numbers, very reassuring as my gut felt we were doing a lot worse in the Nasdaq. I can't be sure where exactly things are going in the near term with all these distortions of hedge fund derivative unwinding and Japanese asset repatriations. However with Fed easing just started and very negative sentiment including crash and financial disaster being about to be plastered on the cover of some magazines it sure as hell feels like a bottom. There does need to be a point though where we can finally stop saying it looks like we're near a bottom and we can finally say gee it was scary at that bottom but it's amazing how fast we turned around.

Marc
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