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

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To: marc ultra who wrote (1705)10/19/1997 3:19:00 AM
From: dougjn   of 42834
 
There WAS a big flaw that missed that crash. THat crash was huge. Anyone on margin or options was wiped out. (I was a wet behind the ears investor in the hyperperforming fidelity magellan, only, which I let ride, to great effect). I think he has learned from the error of those ways.

Anyway, its pretty simple how to call the big market drops. Now that we've all learned so much.

In fact I didn't have any trouble calling the start of this little 10% er or so +/- 3%. Sold all margin early part of week. Started buying at 2:30pm Friday. Read Cramers account and found i did same thing.

Ps lots of respect for Marty Zweig. Think Cramers better now, but both are great.

Doug
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