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

To: Boca_PETE who wrote (1427)	10/7/1998 3:44:00 PM
From: DD™	Read Replies (1) \| Respond to of 15132

It is true that volume is lower,, but it is still HEAVY!! Could we have successive days of declines where we smash these "benchmark lows" in which volume is heavy, but not climactic? DD

To: Boca_PETE who wrote (1427)	10/7/1998 3:46:00 PM
From: Hank Stamper	Read Replies (1) \| Respond to of 15132

Pete, " Is this the last gift horse ? Or is this the edge of a black hole ? WOW - what a cliff hanger !" I keep telling myself that "it's only money." This, and the fact that I NEVER want to feel the fear I felt back in the 87 crash. I never want emotion to drive me out again, at the market low. Brinker's benchmark lows in the DOW and S&P 500 are holding. A recent message from don lane points out that Brinker's benchmarks are DOW at 7500 and S&P500 at 957. If we are again testing the lows on reduced volume, so much the better. I will say (write, actually) that this whole process since July has been very exciting for me. I have actually loved much of it. I have also fretted. I have not forgot what Bob said back in the Spring about precedents to bear markets. I transcribed his spoken words as follows: "In almost every case, a bear market is preceded by an intermediate correction of 10% to 20% percent." Well, we've got the intermediate correction. Is this the first breath of a truly ill wind? Cliffhanger? Yes. Black hole? Brinker says "no," the conditions for a bear market are not present. I have stopped short of pawning my woodshop equipment to raise cash to purchase more shares. I sleep well too. Though, I awake excited. Ciao, David Todtman