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: Kathrine S. who wrote (1537)	9/14/1997 1:39:00 AM
From: wooden ships	of 42834

On Saturday Brinker reiterated his bullish position on the market and further expects that the recent market "backing and filling" would, in no wise, constitute a decline of more than 10% from DJIA highs. Brinker noted that he anticipates this current corrective phase will be short-lived and provide a base from which new highs (between DJIA 8300 and 8500 dollars) will spring. Citing history, Brinker dated the overall bull market from mid-August 1982 at DJIA 777 whereas the latest leg of this unprecedented bull run stems from October 1990 at DJIA 2365.

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