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


To: marc ultra who wrote (8814)9/24/1999 5:48:00 AM
From: Mr. BSL  Respond to of 15132
 
I think so. I'm leaning towards the big caps topping out recently and most small & mid caps still in a bear market. We'll see how things shape up after 1) the panic selling stops and 2) the dipsters start buying and 3)how the retest of 1280 goes (assuming the dipsters overpower the rest of the panic selling).

Take care,

Dick



To: marc ultra who wrote (8814)9/24/1999 12:45:00 PM
From: Boca_PETE  Read Replies (1) | Respond to of 15132
 
marc u and ALL: INVESTMENT ADVISORS are 58.5% BULLISH (as Percent of Bulls plus Bears) this week.

Bulls = 42.9%
Bears = 30.4%
Bulls plus Bears = 73.3%

Above is per today's Investor's Business Daily

P



To: marc ultra who wrote (8814)9/24/1999 12:53:00 PM
From: marc ultra  Read Replies (1) | Respond to of 15132
 
re:1976 comparisons? I may do it if I get a chance but I think we really need to look at the current time to the market movements leading up to the 1976 bear that Bob has outlined as a possible roadmap to see if our current spot has deviated greatly from still being a continuing top formation similar to 1976

Marc



To: marc ultra who wrote (8814)9/24/1999 2:09:00 PM
From: marc ultra  Read Replies (3) | Respond to of 15132
 
I'm considering getting treatment for correctopremondayphobia-fear of Mondays following a seriously correcting market. It gets particularly bad in this late Sept-Oct time frame. We did have another run into the 11k's around the time of the September newsletter. It makes me wonder again about the issue of whether Bob's model might be on the high side in specificity but on the low side in sensitivity given the fact that as Bob has stated he would want to find any valid reason to remain invested considering the long term inevitable up trend of the market(my interpretation, not a quote from Bob). Looks like a little recovery since I started writing this and took a call(telephone, not a call option)

Marc



To: marc ultra who wrote (8814)10/13/1999 4:48:00 PM
From: Mr. BSL  Read Replies (1) | Respond to of 15132
 
FWIW, another drop into the 1280's from above 1300.
This is the 7th trip since spring. I don't know what
it means but hopefully this will be the last test of this area.

Date close # of following days closed below 1300
---- ----- -------------------------------------
March 31 1287 0
April 19 1289 1
May 25 1284 0
May 27 1281 0
Aug 10 1281 0
Sept 23 1280 6
Oct 13 1286 ???