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To: John Pitera who wrote (18512)2/8/1999 1:58:00 PM
From: Tom M  Read Replies (1) | Respond to of 86076
 
Hi John, >>To be fair when he [Ralph A] called the first decline in AUg.. the mkt then proceeded to get hammered for several weeks after that.<<NG>> <<

Regarding who called the Aug correction, I think that can be pinned on AG dissing the "summer rally" concept and his famous "cannot remain an oasis" & "history says we're going to have a correction" quotes. Seems to me we went almost straight down from there. Should have been easy for analysts to ride the coattail of that speech. Of course this was when Al still thought we shouldn't trash value and value trash, as we know to be the opposite today<g>.

regards, BWDIK, kick me etc
Tom