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

To: Justa Werkenstiff who wrote (7589)	8/9/1999 8:35:00 AM
From: Wally Mastroly	Respond to of 15132

Garzarelli Watch -Points to CIBCR 5 month increase, but sees DOW 12,400 in 6 to 12 months: garzarelli.com "..Although stocks may continue to stumble -- we believe short-term corrections are not likely to exceed 10 to 20 percent. However, we see the S&P 500 rallying to 1,600 (Dow to 12,400) during the long term (six months to 12 months) as we predict bond yields will decline..." [Is the current definition of long term equal to 6-to-12 months...<g>] During the Sat. show someone asked Bob his opinion on Battipaglia's (Gruntal) recent call for DOW 12,000. If I recall(?), Bob said something like " I'd like to know the reasons why anyone would make such a prediction". - Anyone hear this answer more clearly?