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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 (9324)	10/15/1999 4:35:00 PM
From: Wally Mastroly	Read Replies (2) \| Respond to of 15132

Justa, Here's Garzarelli's take on the markets + editRalphie early today: garzarelli.com >We continue to recommend remaining invested in the stock market because our indicators remain in neutral territory. We put the probability of another rate hike at 60/40 -- although it may not necessarily happen next month. Since this correction has been 12 percent already, we think the most it should be is another 5 percent to 10 percent. We continue to look for a level of 12,500 for the Dow and 1,600 for the S&P 500 based on our valuation and bond models during the next 12 months.< - Ralphie: prusec.com