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

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To: Kirk © who wrote (12353)2/24/2001 2:13:25 PM
From: Boca_PETE  Read Replies (2) of 42834
 
Kirk

RE: "Interesting how the S&P500 has stayed pretty much between Bob's +5/-20% window"

When you describe "Bob's window", why do you leave out the words "or more" from after the "-20%" ? As I remember, he said +5% / -20% or more" (as in Bear Market Definition - "20% or more", maybe - 25%, -30%, -35%, -45%...). Correct me if I'm wrong, but it seams to me something major is left out of the meaning when you omit "or more".

Also, basis prior programs and newsletters, I do not think he believes MOABO will arrive until sometime within the time frame of 4Q-2001 and 4Q-2002. While there may be an interlude of "maybe it's over", that sounds like the third leg down of this bear market is still ahead. From the descriptions of the "capitulation stage" (third leg down), that experience could be worse than what we've been experiencing since mid September. So when you say you find it interesting that the S&P500 has not declined over 20%, maybe it will have declined much more than that during the "capitulation stage" to come.

P
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