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

To: Ken Brown who wrote (355)8/28/1998 4:52:00 PM
From: Demosthenes  Respond to of 15132
 
Ken,

Good point. Sounds like a contradiction, maybe I better check my facts and report back.

rgds, d



To: Ken Brown who wrote (355)8/28/1998 4:56:00 PM
From: Kirk ©  Read Replies (1) | Respond to of 15132
 
If I recall from last weekend Bob said about a "Zero percent chance of bear market in 1998."
And consider this: the average NYSE stock is down over 30% and the same for the NASDAQ
is down over 40%.

D, doesn't that sound like a bit of a contradiction? If the average stock is down 30-40%, then
why isn't that a bear market? Ken Brown

easy answer....market weighting. (Probably mean "mean stock" too)


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