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


To: Gary D who wrote (2779)1/10/1999 6:28:00 PM
From: Justa Werkenstiff  Respond to of 15132
 
Gary: One point of clarification based, in part, upon today's show. Brinker does say that the probabilities favor a correction of say 5% to 10%. But he does not know from what levels. He says it depends upon money flow. Notes that interest rates have bumped up to 5.25% on the 30 year which is not good for stocks. Sees correction as occurring sometime during winter or spring season. Does not see intermediate term correction (greater than 10%) as in the cards. Says after correction expect the market to go to record highs.