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

To: Karin who wrote (8276)	8/31/1999 12:23:00 PM
From: marc ultra	Read Replies (1) \| Respond to of 15132

Karin re"October should be our entry point to get some of this idle cash back into the market?" I don't think trying to figure buy points is a good idea at this point. Everything I'm looking at says a sell signal could come at any time. If the model did not issue one on Bob's update Monday then the Friday data will be crucial. There was a guy on CNBC yesterday talking about current conditions possibly causing a massive asset allocation change by institutions from stocks to bonds which occcurred at various times in the past like 1987 and while he hasn't impressed me in the past it is making a lot of sense as a possibility under current conditions. Also we just got an early release of the NAPM and it was strong again with increased prices paid inflation component. Unless Friday's data is somehow able to rescue things which I doubt I think it is crucial to have a capital preservation plan ready to go while we see what the Friday data shows and to see if there is a surprise in the September newsletter for those who are subscribers Marc