Bob Brinker: Market Savant & Radio Host Message Board

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

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To: geode00 who wrote (15002)	8/31/2001 4:42:34 PM
From: michael97123	Read Replies (1) of 42834

Geode, Hays's prediction about beginning of a new bull may or may not happen. But I believe the first step is in the bag and that will be a strong snap back rally in September. These market declines are getting tired. The economy is obviously turning but whether the turn is robust or long lasting is an open question at this point. At some point investor sentiment will turn positive and that will lead to at worse, a bear market rally like we had in may. I have heard the doom and gloomers before but rarely are they right when the fed is on the right side as well as the government. AMAT's ceo Jim Morgan says it best--to paraphrase--when the orders come they will all come to everyone at once. Watch out bears, it is you folks who may yet get trapped and this is from a bull who got trapped himself in 2000-20001. mike

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