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

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To: Chris J. Horne who wrote (13224)3/18/2001 2:51:59 PM
From: BigShoulders  Read Replies (2) of 42834
 
Chris: Re: his follow up guidance did not meet my expectations

I wasn't happy reading the January newsletter. I felt Brinker was making a CTR 2 Rev 1 (buy in the low 60's) and should have better addressed the predicament of the many people that bought on CTR 2 Rev 0 in the 70's and maybe the 80's. Even though he discussed his expectations that the CTR 2 could get to his original target. Being down 20+ % worries people and he erred by not discussing it.

What do you think are reasonable expectations for an exit point? My personal goal is 65 which would get me out a little bit positive (I've DCA'd my average price down from my original purchase at 78 by buying some from 55 down to 43). 65 is almost a 60% gain from 41, friday's close. So 65 may be optimistic. Any suggestions? Any opinions about what Brinker might recommend?

Best wishes.
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