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


To: Dr. Anthony Keyodo who wrote (409)8/31/1998 12:08:00 AM
From: Dr. Anthony Keyodo  Read Replies (1) | Respond to of 15132
 
To All:

What I heard Bob say this weekend was;
1) The market exceeded his forecasted 10% correction.
2) By definition, over 10% drops equals intermediate correction.
3) Over 20% in all market indicators equals a BEAR market.
4) Even though we currently have an int. correction there will not be a Bear market in 1998.
5) We may not be at bottom yet.
6) The Dow, S&P500, Wilshire 5000 will not all drop 20%

It seems to me that the present downside will be a max. of 6%.

Tony