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

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To: Boca_PETE who wrote (12558)3/1/2001 1:09:00 PM
From: Tim Bagwell  Read Replies (1) of 42834
 
Pete,

I've noticed a bandwagon of support gaining on the idea of a counter trend rally back up to the 3000's. Various analysts on CNBC have been making this call for a couple of weeks now (well behind Brinker).

I don't think this is a good sign. If everyone believes that a CTR will occur, the opposite is more likely to happen.
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