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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 (716)	9/4/1998 5:14:00 PM
From: Alan Bell	Respond to of 15132

re: Ask Bob a Question 1) Why we should not be concerned about global recession turning into US recession. (Mr.GreenJeans has done a good job of expressing his perspective on the other thread.) 2) What we should expect in the way of sector rotation. 3) Should the relative strength of the RUT 2000 this week be viewed as a sign that small caps are recovering. -- Alan P.S If you can't tell, I am only interested in looking forward.

To: Justa Werkenstiff who wrote (716)	9/4/1998 5:32:00 PM
From: Wally Mastroly	Respond to of 15132

re: Ask Bob a Question Doesn't the Latin American situation now pose more of problem to the U. S. economy than the SE Asian crisis does?

To: Justa Werkenstiff who wrote (716)	9/4/1998 6:11:00 PM
From: marc ultra	Respond to of 15132

re:question for Bob Brother can you spare a dime? If I think of something more salient I'll let you know Marc

To: Justa Werkenstiff who wrote (716)	9/4/1998 8:03:00 PM
From: DD™	Read Replies (1) \| Respond to of 15132

Bob; At what point would you declare this market an outright sell? DD

To: Justa Werkenstiff who wrote (716)	9/4/1998 9:07:00 PM
From: Justa Werkenstiff	Read Replies (2) \| Respond to of 15132

My questions for Bob 1. Why, in his opinion, did the market drop through the floor on Monday and end flat for the rest of the week? Does he still view this as a normal correction exacerbated by the Russian situation and, if so, shouldn't we move to the previous benchmark of 8360 if this situation stabilizes or improves? 2. According to Bob, an intermediate correction is a rare event and the most difficult kind to predict. Last weekend, he felt it would bottom out within a "few" percentage points of the S & Ps 13.7% decline the previous week. Clearly, this intermediate correction exceeded his expectations. In his mind, what has happened? 3. Bob has stated that given an intermediate sell signal, he would go to cash because -- in almost every case -- a bear market is preceded by an intermediate correction. We are the most extreme end of the intermediate term correction level. Has he received an intermediate sell signal in the past week? If not, how can the market have an intermediate correction at the extreme and not a bear market sell signal given the above preference for defensive actions? I think I know the answer to some of these questions, but I would sure like to hear the answers from him.