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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 (14491)6/15/2000 7:48:00 PM
From: sea_biscuit  Respond to of 15132
 
I think there will be very few who will do that. I have been noticing that some of my friends think happy days are here again. Any advice to them to use this rally to reduce their exposure to the market will be greeted with utter contempt and derision.



To: marc ultra who wrote (14491)6/15/2000 7:49:00 PM
From: Mr. BSL  Respond to of 15132
 
If I figured it right the S&P500 is now back in the plus column for the year. Wonder if any stragglers are going to raise cash at this point. Probably anyone who didn't do it earlier is not ready to do it now. When Bob is ready to call an end to the bear market NASDAQ rally might be a good time to get out of the S&P also for those still holding tight.

Could be that the correction is over. We'll see.
BTW, your sentiment numbers were right on.

Dick



To: marc ultra who wrote (14491)6/15/2000 8:11:00 PM
From: Allan Harris  Read Replies (2) | Respond to of 15132
 
Re: ENMD

My charts show ENMD has completed 5 waves down from the 101 high on March 1, with oscillator divergences indicating that a break out above the trend regression channels down from that peak will be a BUY signal. That break out will come at about 25-26 in the next few sessions. If it happens, minimum target is 55-60, the previous Wave 4 peak, with a stop below 20 for a very nice risk:reward ratio. Curing cancer would be a bonus.

A



To: marc ultra who wrote (14491)6/15/2000 9:40:00 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 15132
 
Marc: Re: "When Bob is ready to call an end to the bear market NASDAQ rally might be a good time to get out of the S&P also for those still holding tight."

I agree totally. There are so many ways to use the information Brinker provided even if you did not go long the Naz for a trade.