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To: Investor2 who wrote (7499)8/5/1999 2:44:00 PM
From: marc ultra  Read Replies (2) | Respond to of 15132
 
I2 re<<<<I believe Bob stated that a 10% correction could prolong the bull. You point out that the S&P 500 is 9% off its highs. That's close enough.>>>>

Maybe someone should go to the audiotape. It is NOT my memory that Bob said a 10% correctiion would prolong the bull market which since it would be a bull would suggest that we would go on to significant new highs. What I thought he did say was that a 10% correction(a number that came up by a caller not spontaneously by Bob could prolong the time when we may retest the July 16th highs and see if we then get a bear call or not. There is a big difference between pushing out the time of a possible test and a bear market call and clearly pushing out the bull market per se.

Marc