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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: marc ultra who wrote (3304)	2/19/1999 6:01:00 PM
From: marc ultra	Read Replies (1) of 15132

Market's pretty boring lately. With sentiment extremes eased I covered my mild hedge position, broke about even. Still have a decent amount of cash on the sideline if correction continues, market certainly not a raging buy here considering current interest rates and valuation. I suspect bullish sentiment will continue to drop as the technicians will have a problem with dismal A/D line and narrowness of market. Still wouldn't mind if we correct another 5% or so where I might feel comfortable buying a bunch of SPYders back. Otherwise I'll have to settle for modest gains if we rally from here Marc

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