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: Investor2 who wrote (1235)	8/18/1997 12:43:00 PM
From: BHaulman	of 42834

I2, Thanks for your responses. > Do you have a specific number in mind? I have trouble picking individual numbers. I only know that I will not do any trading inside the current range. The top of that range is new highs and the bottom is close to a 10% dow correction which is what BB says will normally happen with no serious market damage during bull markets. That puts the bottom of the range in the low 7,000's -- as BB says he doesn't see the market going below 7500. If it does I will put 25% back in and if it goes lower still, the last 25% goes in. This is all tentative and subject to market sentiment and market action which must be watched closely. I essentially try to trade on the market extremes of optimism and pessimism because they only happen occasionally and provide unique buying and selling opportunities. Good luck!

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