SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BHaulman who wrote (1019)7/26/1997 10:26:00 AM
From: mister topes   of 42834
 
You have again posted false information on this thread. Brinker
said repeatedly in April when he recommended buying into the
market under Dow 6600 that a rally to record highs would start
during spring and carry to historic new levels. He specified
this would include the Dow, the S & P and very possibly the
Nasdaq. He was right on all counts. As for his prediction
regarding 9000 in 1997, what difference does it make. Why
should investors expect the market to rise at a 24% annual
rate between now and December anyway? I have heard of greedy
investors, but this is ridiculous. Why not just predict Dow
100,000 in 1997. I am sure you would find some takers. Perhaps
Greenspan was correct when he spoke of irrationally exhuberant
investors. Besides, as long as Brinker remains fully invested
what difference does it make whether 9000 happens or not?
Would anybody complain if the market trades through the
eight thousands but does not make it to 9000 in 1997? I don't
think so. The key is to be on the right side of the market
as Brinker as been since Dow 2300 in 1990. That is where the
money is made. So far it is more than a triple in the nineties.
As for Bruce Williams, his credentials as a money manager and
market expert are zero. He has no background in these areas and
has wisely chosen general backyard over the fence type advice
for his listeners and has always emphasized he does not do a
financial advice program. As a contrary indicator, however, he
may be very good. Personally his program bores me to tears.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext