Bob Brinker: Market Savant & Radio Host Message Board

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

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To: Joe Basile who wrote (1067)	7/28/1997 6:38:00 PM
From: Investor2	of 42834

RE: "Seems Bob is a bit cautious here on the market." After listening to the show this weekend, I'm guessing that Bob believes that the market will move sideways for some time. He pointed out that there really isn't much room for movement above current levels, given the historically high PE's, etc. He also pointed out that, with the current low inflation, etc., he doesn't see a significant buying opportunity developing over the short term. I believe that he is watching closely for two things that may change his view: 1) a buying panic, and 2) a political influence like those referenced by Gary a few posts back. Best wishes, I2

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