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Re: ACAMPORA CORRECTION



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Sorry but I know my postman has been bullish too since 1992 -
don't overdo it with these hero calls.

----------
> From: HBernst963@xxxxxxx
> To: Peter2150@xxxxxxx
> Cc: Omega-list@xxxxxxxxxx
> Subject: Re: ACAMPORA CORRECTION
> Date: 05 August 1998 05:11
> 
> Whether you like Acampora or not, he does carry weight on the Street and
his
> opinion can move the market, at least for a day. I believe it does
explain a
> good portion of today's decline.
> 
> Ralph, of course, has gotten this reputation by being one of the biggest
bulls
> on the Street by calling for Dow 7000 when it was at 4000. Like
Garzarelli,
> Prechter and Granville before him, who all moved the market in their
> respective heyday, Ralph will be wrong eventually and lose his luster.
> 
> Remember, after Garzarelli issued a sell signal a few years ago the
market
> bottomed the very next day. Maybe Wednesday will be the 'Acampora' low.
> 
> P.S. I saw him speak a year ago and he is a dynamic speaker. Go see him
if
> he's in your area.
> 
> Howard Bernstein