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


To: marc ultra who wrote (3169)2/3/1999 12:50:00 AM
From: mister topes  Respond to of 15132
 
This is precisely what Brinker was talking about this past
weekend. Ripe is the word. Whether more probing of the area
of the S & P highs around 1285 occurs or not, it looks like
the ducks are just about lined up for this one.



To: marc ultra who wrote (3169)2/3/1999 11:09:00 AM
From: Kirk ©  Read Replies (1) | Respond to of 15132
 
re II (Investors Intelligence) bulls and bears out tomorrow

Hmmm... an up-to-date site has this already listed... suite101.com

Still under the 70% warning/caution zone. I believe BB's model goes to caution when 4 week moving average is 70% which has gone from 64.8%, 65.4% to 66.4% to 67.1% as of this weekend. Slowly walking its way up.

My new personal indicator (corrected Vollitility Index) is still in the safe zone. Not sure if it means anything as it may prove to be more historical than predictive..... still pretty new.

I think we go up to probe the highs again when the Fed's don't announce a rate hike. Worst I expect is some jawboneing from Greenshades. Too early for a major correction in my opinion. Then again, what do I know! 8)

Big reason is I think a correction over 10% takes some catalyst otherwise we get the under 10% move that Brinker's model predicts and we are halfway in it alread so it seems too risky to make major moves to gain a few percent. With a catalyst like a rate hike or Monica with a soiled red dress this time, then maybe, but I doubt we will get that.

regards



To: marc ultra who wrote (3169)2/8/1999 5:35:00 PM
From: marc ultra  Read Replies (2) | Respond to of 15132
 
Just got my DSL high speed access working. Not bad at all

Marc