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

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To: DD™ who wrote (520)5/17/1997 11:04:00 PM
From: wooden ships   of 42834
 
DD: The fact that ABC's Peter Jennings, self-appointed messiah,
writes speeches for Hillary Clinton, dances with her at social
functions, and who knows what else, bolsters my faith in the
mainstream media as a dispassionate and credible source of
unbiased news and opinion.

Meanwhile, today on Brinker:

1) Brinker still bullish to DJIA 7400, his prior target.

2) If DJIA 7400 is breached decisively, he will revise his
target upwards.

3) Patted himself on the back, with cause, for ten gift
horse trading days this spring, i.e., below 6600 dollars
on the DJIA.

4) Brinker suggests dollar cost averaging into the market at
this juncture, as might be expected.

5) Expressed some revulsion, through the tone in his voice,
at Clinton's crowing about "real increases in spending" in
his education programs (pay-off to the NEA for help in electing
him) now that, apparently, Reps and Clinton are close to budget
deal.

6) Touted the virtues of the Vanguard 500 index fund (modeled
after the S&P 500) to the ends of the earth. Took his usual shots
at brokers. Told us he was the "only source of truth" about high
performing, no load, low fee based index funds on the radio
anywhere.


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