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


To: Lars who wrote (347)8/27/1998 10:42:00 PM
From: DD™  Read Replies (1) | Respond to of 15132
 
Globex looking firm..

cme.com

Lets keep our fingers crossed.

DD



To: Lars who wrote (347)8/28/1998 5:48:00 AM
From: Justa Werkenstiff  Respond to of 15132
 
***Market Commentary** Lars and all: Put your game face on everyone because I believe this is the day we whether we are in the midst of a bull market or intermediate term correction (10-20%) as defined by Brinker.

Our hope is that yesterday was volume capitulation day. What I would like to see is that we take at least half of the loss of yesterday off the books in a relatively high volume day.

My model (LOL) for this event would be the last time we had an over 10% correction which would have been October 1990 when we had a 544 point plunge followed by a 351 point rally the day after.