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

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To: Joe Basile who wrote (1025)7/27/1997 12:15:00 PM
From: BHaulman   of 42834
 
Joe,

>re: "you're saying Bob was wrong predicting new highs in the >Nasdaq ?? Looks to me like new highs have been reached many >times recently in that index."

Indeed they have Joe, but back in April BB basically said Nasdaq "new highs" were questionable. See:
techstocks.com

> "today's market action was very convincing of a bull market"

The market on the day I said this dropped 100+ points only to close positive on the day. A good indicator of where the market wants to go. Indeed a lot of foolish money comes in at the top of the market.

Thanks for the comments.
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