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: wooden ships who wrote (7455)	8/31/1998 5:26:00 PM
From: Mr. BSL	Read Replies (2) of 42834

As I recall it, Bob said that if no closing average is more than 5% below the low end of the benchmark low range then his model worked. I believe that 5% below the low end of the Dow benchmark low range is in the 7950 area. In his defense, a model that gets you in around Dow 2350 and out at todays close is not too shabby. The bad auto sector news in the fall of 1982 marked the bottom of that sector. People melting down their silverware marked the top of the 1979 silver run. The birth of a second BB thread marked the passing of the model! Peace and Profits

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