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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: lifeisgood who wrote (7226)	7/28/1999 8:59:00 AM
From: Allan Harris	Read Replies (1) \| Respond to of 15132

I would add that there's waaayyyyy too much bullishness, given present conditions and, as Bob repeatedly points out, waaayyyy too much complacency. I don't see any more bullishness or complacency now then in the past few years. In fact, if one were to gauge the sentiment on this thread, it is about a bearish and complacent in it's bearishness as I can remember. Speaking of the "Big Turn," Here's a current quote from Bob: Today we are so close that one can smell it, which makes it a suitable event for modern age, as the newest thing on the Internet is to disperse smells as well as visuals and sound. One's senses are heightened by dramatic slackening of breadth, the decreasing number of new highs and the lagging secondary indexes which have put the momentum indicators strongly in line with the historical bearish long-term sentiment indicators. --Bob Prechter, July 19, 1999. A