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

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To: duncan moyer who wrote (134)3/30/1997 9:50:00 AM
From: My Father's Son   of 42834
 
Duncan, I'll respond to your question as best I can later today, but I wanted to pass along something to you and other listeners of Bob Brinker.

Yesterday, while waiting to get my haircut, I picked up the April issue of "Smart Money." There was a story in it about "Lady Elaine." What a self-serving bunch of promotional BS. The funniest part was when she explained her miscue last July. You see her model said the market was going to fall. When it didn't she began to examine her model, which has many indicators. One indicator, amount of cash flow from corporations was wrong. The members of the S&P had been reporting their cash incorrectly. She concluded that it was the fault of these corporations that her July call was wrong.

It's a conspiracy Elaine.
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