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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 (8811)	9/23/1999 10:17:00 PM
From: Bill Hermesmann	Read Replies (1) \| Respond to of 15132

The OEX put-call ratio closed today at .90. Very, very bearish under the circumstances. It was an even more severely bearish .83 yesterday. I have found this to be the best short term contrary indicator especially when compared to the SPX and Equity Only ratios. The decline will be officially over when the OEX ratio climbs far above the 1 level. The Baron's parameters on this must have been for a different statistical world.

To: Justa Werkenstiff who wrote (8811)	9/24/1999 6:23:00 AM
From: Justa Werkenstiff	Read Replies (2) \| Respond to of 15132

Market Preview Watch the NASDAQ and particularly the internets today -- I think there are some IPOS in the net sector as well. I believe the greatest vulnerability currently is in the NASDAQ. If this correction has more to go, the internets should lead the way down. Watch also INTC, MSFT, CSCO, DELL. The technology sector has lost sector leadership in the SOX. The earthquake took that away in one day. Ballmer comments revealed the weakness of this sector to the world. There is a leadership vacuum in the technology sector and it is waiting to go down more.