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

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To: Allan Harris who wrote (10241)10/3/2000 8:12:07 PM
From: MrGreenJeans  Read Replies (3) of 42834
 
Alan

thread I must admit to hearing a few snippets from the show last weekend, one about measuring bear markets from the peak

I too find this very curious to say the least. This year is the first year I have heard Bob measuring from the peak. I cannot recall hearing this type of analysis before for either a bull or bear market. Bob, up to this year measured the returns of the indexes on a year-to-date basis going back to the 1980s. This is inconsistent; shall I dare say he is spinning the facts here?

I received a private email from someone stating Bob did not measure the 1987 crash from its peak instead the message was that the S and P was up 4% that year. The message goes on to say he did not measure the asian crisis bottom from peak to trough but on a year-to-date basis. I find Bob's analysis inconsistent at times.

As for me, I am starting to dollar cost average into this market. I will be satisfied at receiving a very good bottoming price rather than an absolute bottoming price if we are bottoming here rather than miss the upturn altogether.

Further, I find it fascinating that Bob and Abbey have opposite views as delineated by Abbey's analysis of the market today. Since I respect both it will be interesting for me to see who will be so wrong.
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