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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Lars who wrote (399)5/2/1997 11:02:00 PM
From: Investor2   of 42834
 
Lars,

Is it my imagination or have there been fewer negative comments about Bob lately. And to those that claim that Bob says things that will be right, no matter what happens to the market - - -He specifically stated (on national radio, too) that he thought that the market was a buy on any close under 6600. He also stated that the market may go lower than 6600, but that the downside risk was limited to less than 3%. (Let's see, 3% of 6600 is 198. 6600 - 198 = 6402. Actual low was not too far from there.) He also projected that the Dow and S&P would reach new highs before summer. (Well, I guess we are still 14 points from a new high - but there is still some time left before summer.)

I decided to listen to him this time, and I dove in head first at levels under 6600. Several of my purchases are already up more than 10%.

Thanks Bob, and best wishes,

I2
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