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

To: Gary D who wrote (13984)	5/28/2000 3:12:00 PM
From: Justa Werkenstiff	Respond to of 15132

Gary: Per Brinker, big money to be made in the Naz. S & P 500 to be dragged up because of tech. composition.

To: Gary D who wrote (13984)	5/28/2000 3:49:00 PM
From: Chris J. Horne	Read Replies (1) \| Respond to of 15132

"I am wondering what the upside potential is for the SPY in a counter trend rally" I think the potential is low and here is why: - The NASD is about 38% off of its high, while the S&P500 is only about 11% off of its high. NASD is a big bear, and the S&P is hardly in correction territory. - Since Jan 11, when Bob issued his sell signal, the NASD is off 17.5% and the S&P is only off 4,4%. I think Bob is basing the call for a NASD rally on technical reasons...the NASD is oversold. The same reasoning does not apply to the S&P 500. Just my 2 cents.