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Non-Tech : The Critical Investing Workshop

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To: Jim Willie CB who wrote (26278)7/22/2000 8:55:07 PM
From: Mannie  Read Replies (3) of 35685
 
Jim Willie

Do you ever listen to Bob Brinker on the weekends?
He spoke extensively today about M3, and the control of the money supply that the Fed wields. He pointed that it was very odd that the financial media rarely mention this fact.

Brinker sees the recent run up as a bear market rally, which he expects to have run it's course before the end of August.

He expects the selloff to be deep, and slow to recover. Not beginning to recover until well into 2001.

Personally, I don't see how anyone can see much beyond where the indicators suggest a turn. But Brinker has been quite amazing, I've listened to him for years.

Scott
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