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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: octavian who wrote (42721)3/6/2009 11:03:47 PM
From: Skeeter Bug  Read Replies (1) of 42834
 
octavian, unfortunately, i can't really watch SRS as i am one of the few with a day job. i guess that is fortunate.

anyway, the market seems to be getting it. i will likely buy a first third in the high $80 range. if you watched today, SRS went up with the market - that's rare and an indication someone is accumulating - maybe on speculation, maybe knowing something is gonna hit. i drove by my local mall today and the flagship department store is not only empty, but so are four other store facing shops and a couple shops not facing the street.

i smell bankruptcy and a bank eating $10s of millions, if not more.

i would like to buy after a two or three day rally in the markets, though. perhaps we don't get it.

40%+ in a week is no reason to kick oneself. if i can pull out 0%-10% in this kind of market then i can't really complain as others are losing substantial double digits.

if i could do it all over again knowing what i know now, i would have mortgaged my house and bought SRS at $53 and sold at $109. too bad it doesn't work that way.

btw, how is brinker doing? do you think he's spotted the bear market yet? i sense some strong rumours one is around the corner. ;-)
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