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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Wren who wrote (8234)	10/6/1998 12:27:00 PM
From: stock bull	Respond to of 42834

Wren, I can't blame you for being cautious at times like this. I too am sitting on cash and won't commit until the international situation becomes clearer. In other words, what is Japan, UK, Germany, France going to do? I see where Spain lowered their interest rate by 25 basis points this morning. Initial market reaction was favorable, however, as I post this message, the averages are dropping like a "brick". This correction/bear market has a way to go. I, for one, will be surprised if we don't drop below the magical number of Dow 7537. Good luck. Stock Bull