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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (10226)	9/29/2000 5:42:23 PM
From: Wally Mastroly	Read Replies (2) \| Respond to of 42834

Her Ladyship says we have a buying opportunity............. Stock market analysis for September 29 The current stock market weakness should be used as a buying opportunity since our indicators have more than doubled recently to 61.3%. A level of 65% is a buy signal. Historically, a final stock market drop generally occurs when our indicators are rising from below the cautious 30% reading, thereby giving investors an opportunity to buy into weakness. The declines in some tech stocks are causing analysts to lower EPS expectations. Thus, less negative surprises in the future. Our S&P 500 EPS growth is 7.5% next year compared to a double digit gain forecast by the consensus. This downside revision is in process and analysts may swing to extreme bearishness making earnings upside surprises more likely in the future. - garzarelli.com