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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 (9353)	10/17/1999 3:38:00 PM
From: Investor2	Read Replies (1) \| Respond to of 15132

As you know, a relatively small number of big-cap glamour stocks are primarily responsible for the recent market highs. In the mean time, the market breadth has been deteriorating, with new low/new high and advance/decline ratios showing that the average stock has taken quite a beating. Well, after Friday's sell-off, it seems that some of the out-of-favor stocks (i.e., non-tech, non-large cap) are becoming quite a bargain. Maybe some of these out-of-favor stocks are giving us a gift horse buying opportunity. Best wishes, I2

To: Justa Werkenstiff who wrote (9353)	10/17/1999 5:48:00 PM
From: marc ultra	Read Replies (1) \| Respond to of 15132

Justa, one thing I would note is on 8/21/87 the sentiment reading reached 76.0%. In our current run we got to a high of about 68% from the August high to the July re-visit before dropping back substantially. We have an interesting time now where Bob remains bullish and sees us only a few percent from a correction bottom barring a y2k panic, while at the same time there is a lot of fear and trepidation about the market and the fundamentals and Oct history. For someone who's worried there is of course still a simple partial solution; wait for Nov 1st when we leave Oct behind and are back into the historically relatively strong Nov 1st through May 1st time period Marc