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

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To: Skeeter Bug who wrote (5289)5/31/1998 10:33:00 AM
From: kahunabear  Read Replies (3) of 42834
 
Skeeter

I agree with you. I find myself harping on these things, then I realize most people don't care. The reported numbers are enough for me to see a mania, but the market doesn't see it yet. Who knows when it will ?

Long ago I decided we are in a mania where fundamentals don't count. IMHO, prices and valuations have no predictable upper limit when the masses go bonkers. I have bet against the market and failed enough that I now choose my spots carefully. I feel confident that when the market wakes from its unconscious state and takes a strong whiff of smelling salts, reality will come hard and swift. I just don't when that is.

Will Bob Brinker time it right ? I don't know. I wish I knew what indicators he uses. The fact that he conceeds the market can fall is something that I like about him. Many folks these days act as if that just isn't much of a possibility. I think his influence alone could rattle the market.

WS
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