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

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To: Skeeter Bug who wrote (7911)9/13/1998 8:19:00 PM
From: Jeffrey D   of 42834
 
Skeeter:<<jd, why did bob change his mind about troubles in or after q4 of this year as he said earlier? what specific events led his new paradigm? tia...>>

Hi Skeeter. Bob did not say that he changed his mind about any earlier statements he might have made about Q4 problems. I do not recall him saying anything specific about this on prior shows either. I do recall him saying on an earlier show we would have new highs prior to any bear market {he stills call this an intermediate correction and not a bear market.}Now, if you feel he said the bear might come due to Q4 problems, I am not aware of those statements. Perhaps you could expand upon what he said, what problems he predicted for Q4 and when he said it.
He reiterated {when he was not on the Clinton topic} that all of his indicators remained the same and that there was no forseeable chance of a bear market. He said he was "bullish, bullish, bullish" on the Dow, the S&P and on the NASDAQ. He made it a point to quote from Barrons on an article about tech stocks that was very favorable to INTC, MU and....yes....dare I say...AMAT. He confirmed he had a position in INTC and no position in AMAT. Jeff


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