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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 (502)	8/31/1998 2:08:00 PM
From: Justa Werkenstiff	Respond to of 15132

Sunday Partial Review Tony and All: I have not finished listening to the Sunday show, but it looks as though Tony's summary covers a lot of ground. Brinker did an excellent job this time around (See Saturday Review) of stating his market stance. I will just add that Brinker seems to see us as a "few percentage points" from the bottom in my view. Maximum would be 20% as measured by the S & P given bear market definition. I believe he is looking for new benchmark lows and, with any luck, we should have them this week. Right now, the market looks bottomless. Bull markets are marked by quick and violent corrections and this certainly fits the bill and then some. A word of caution. Although I respect Brinker's point of view, nobody really knows the bottom in times of panic. The model does not measure panic. This is panic selling right here. If you were thinking of adding to positions, you might want to wait for a day with a strong close with a benchmark in sight.