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To: DD™ who wrote (5284)5/22/1999 7:50:00 PM
From: marc ultra  Read Replies (5) | Respond to of 15132
 
DD re inflection point. I found this show rather fascinating more for what was not said then for what was said at least until the last few minutes. Through the entire show until the very end there was an incredible absence of talk about the market outlook, this after being off last week. There were not even any calls about the market which strongly suggests to me that these ere being screened out. Then right at the end of the show in response to what I think was a question about emerging markets(I could be off by a call) he suddenly says that his model only gives him visibility through May and he is following his model closer than ever right now. He also made the inflection point comment about how we may come to one after May. He then seemed to wax a bit nostalgic for the bull market but said things like trees don't grow to the sky etc. I got the impression he had told himself he would avoid talking about the market while his indicators were at such a perilous point but like a kid with some huge secret he finally at the very end of the show mentioned this lack of visibility and the potential inflection point coming as early as early June(my words not his)

Marc