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

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To: MrGreenJeans who wrote (10251)10/3/2000 8:37:52 PM
From: Gary D   of 42834
 
MGJ, re: "...This year is the first year I have heard Bob measuring from the peak. I cannot recall hearing this type of analysis before for either a bull or bear market. Bob, up to this year measured the returns of the indexes on a year-to-date basis going back to the 1980s. This is inconsistent; shall I dare say he is spinning the facts here?"

What I thought I heard was measurement 'from the peak' strictly for the purposes of characterizing a bear-market decline: the magnitude of the decline is measured from the peak. Makes sense to me. I don't see how you get "spinning the facts" from that. (Also, I didn't hear Bob pretending that he had advised anyone to sell precisely at the absolute peak).

Gary
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