The Justa & Lars Honors Bob Brinker Investment Club Message Board

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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: marc ultra who wrote (2350)	12/3/1998 6:36:00 PM
From: Justa Werkenstiff	Read Replies (2) of 15132

Marc: Yep, we got a nice little correction going here and I am feeling better and more bullish going forward. As I have said before, we needed this big time. Parabolic moves are not healthy for this market and the market was begging for this correction seasonal trends be damned. The proximate cause for this correction IMO was Brazil's failure to pass reform and Japan's economic sluggishness. Now we have earnings warnings season and layoffs. Need DOW 8660 and S & P 1085 to hold IMO. But the NASDAQ is strong here so far. Today S & P down 1.8%; Russell down .6%. Message to Mr. Market: please kill the internuts.

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