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

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To: Thomas M. Carroll who wrote (2770)1/12/1998 4:10:00 PM
From: Tim Bagwell   of 42834
 
Inflection point just means that there will be a sharp (upward) break in the graph of the DJIA. Bob is saying that he believes the rally will lead to a rapid rise in the indexes and possibly no looking back.

Of course, what you say is always true -- that the lower the testing point the greater the eventual upturn. But I think Bob has stated he doesn't expect the market to fall below 7400.
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