Newsletter - Last Major Comstock Reporthttp://comstockfunds.com/default.aspx?act=newsletter.aspx&category=Last Major Comstock Reporten-us2017-03-27T21:16:58.398528-05:00FEET DON'T FAIL ME NOWhttp://comstockfunds.com/default.aspx?act=newsletter.aspx&category=Last Major Comstock Report&newsletterid=35812/10/1999 12:00:00 AM<HTML><HEAD><META HTTP-EQUIV="Content-Type" CONTENT="text/html; charset=windows-1252"><META NAME="Generator" CONTENT="Microsoft Word 97"><TITLE>The list of negative factors impacting the stock market has now become so numerous that it is highly likely that a severe bear market has already started</TITLE></HEAD><BODY><B><P ALIGN="JUSTIFY">Introduction</P><P ALIGN="JUSTIFY"></P></B><P ALIGN="JUSTIFY">The list of negative factors affecting the stock market has now become so numerous that it is highly likely that a severe bear market has already started. We begin with the fact that, as measured by earnings and dividends, this is by far the most overvalued market of the past century.