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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 (8915)	9/28/1999 10:52:00 PM
From: marc ultra	Read Replies (1) \| Respond to of 15132

Short term correction so far: Dow down 9.28% from highs S&P down 9.63% from highs NAZ down 3.78% from highs Note two important things from this 1)still on strikingly similar track as 1976 topping process in which final short term correction was in 9+% range 2)came close but with no 10% + drop no intermediate term correction and Bob's model has remained correctly bullish so far. Maybe a decent rally into the Fed meeting and beyond would put us back in the area of the highs and turn sentiment a little more bullish and if Bob's model has continued deterioration might then be in position to make a sell signal. As Mr BSL has pointed out that 1280 area on the S&P seems to be holding pretty tough at the moment. Also as a small note would note the Dow is now holding up slightly better on this correction while NAZ has continued relative strength for now Marc