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

To: Justa Werkenstiff who wrote (64)	8/16/1998 8:16:00 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 15132

Flash -- Words From Brinker Here are some words to consider for the following week from the show last week: "Keep in mind that it would be normal and healthy, normal and healthy (repeated for emphasis) for the market to bounce and test -- for the market to go through a short term period of bouncing and a then short term period of testing --- and that testing would occur on lower volume and reduced trauma and reduced frenzy and at that point you would be ready for the ultimate inflection point leading to a rally to record highs." Brinker does not see a "V" shaped recovery. He thinks this kind of bouncing and testing action to last perhaps to the end of the month.

To: Justa Werkenstiff who wrote (64)	8/16/1998 10:55:00 PM
From: Lars	Read Replies (1) \| Respond to of 15132

Justa, >>> Analysts at Birinyi Associates studied this by tracking large block trades -- those of 10,000 shares or more -- against smaller trades of fewer than 10,000 shares, which include, for example, an investor's purchase of 100 shares of IBM. Through Tuesday, the study showed, retail trades created about $731 million in net buying on the Big Board, while block trades accounted for $3.47 billion in selling. The bottom line: Institutions sold and smaller investors bought. Rumor has it that most buyers were Brinkerheads . >>> Unbelievable. I have no doubt that some buyers were Brinkerheads. Ha. When the institutions re-enter the market the Brinkerheads will be closer to "Wastin Away in Critical Mass". Hey Justa do you have my lost shaker of salt?