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


To: marc ultra who wrote (1477)9/23/2001 9:00:42 AM
From: Boca_PETE  Respond to of 10065
 
marc u - re: ("but the way this economy is and will be stimulated, the bull is in sight for 2002 launch")

Hope your forecast is right on target. Gloom and doom is everywhere. We need some positive news.

P



To: marc ultra who wrote (1477)9/23/2001 10:37:26 AM
From: Lone Ranger  Read Replies (1) | Respond to of 10065
 
marc,
i've been reviewing my notes of the july 29, 2000 broadcast where brinker stated we won't break the final bottom october 98 low of 1400. we are now there. i want to include a couple of links of charts for comparison between october 98 and now, and would appreciate your comments and of course pete's, justa's and anyone else who has something sincere to contribute. by the way i think you're right with your analysis but i have some lingering doubts and questions. the first link is sept 01, 98 to 10/31/98,
the second link is sept 01, 2001 to 10/31/2001. its interactive so you can fill in the future.<g>

bigcharts.marketwatch.com

bigcharts.marketwatch.com

1. were there exogenous events in 98 like now that caused the capitulation or was the cause unknown at the time? the answer to this question begs another, if there were not exogenous causes, then does this increase the possibility that we continue lower because we have another relevant reason to go lower instead of "normal" market fluctuation?

2. also i read in investor's bd that because so many more people are now invested in the market that we can expect these sentiment indicators to break their previous highs before the market reverses. does this make sense to you?

3. commenting on the links i'm enclosing, it looks like we have the first part of the descending V but i'm not sure we have the bottom of the V. and of course, will we now get the long awaited for ascending part?<g>

4. will this rally be less reactive due to the nature of the
exogenous event?

i too, am the chagrined owner of too many cubes at the wrong price. best of luck.

sayrep