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


To: Wally Mastroly who wrote (13669)5/9/2000 3:39:00 PM
From: Hank Stamper  Respond to of 15132
 
For what it's worth, Cramer on the 1994 market 'when nobody made any money':

"That Dreaded Year: 1994
The bottom that year came right about now -- give or take a month -- despite additional rate hikes in the fall. I think understanding that year is incredibly instrumental for understanding this one. Which is why all week I'll devote pieces to remembering 1994, so we can apply the lessons learned in that brutal year. "

ca.us.biz.yahoo.com

Lesson 1. It's brutal now in 2000, but we may be close to the bottom.

Can't wait for lesson 2.

Ciao,
David Todtman



To: Wally Mastroly who wrote (13669)5/9/2000 7:05:00 PM
From: marc ultra  Read Replies (2) | Respond to of 15132
 
Wally, re<<< FWIW, this index showing very bearish sentiment:

Message 13644089

Thanks Wally. I think I may stick to the more conventional sentiment indicators than lowrisk.com's guess the Dow indicator<g>. Let's see though, Bob was talking about a possible short term pop in the NAZ if we tested the lows on low volume and internals were improving a bit. We have low volume but the internals I believe are worsening as to advance/decline and new high new lows at least on the NYSE. Somebody have where about the NAZ level we want to be testing a recent term low at?

Marc