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 (22151)	6/14/2006 10:46:07 PM
From: stock bull	Read Replies (1) of 42834

I'm still sitting tight. I don't believe today's rally was really as strong as the numbers may infer. We were lacking sufficient volume today that I believe is necessary for a sustainable rally to take hold. BB indicated a "buy" at 12XX, or lower. (If you subscribe to the Newsletter, you'll be able to plug in the values for XX.) However, he didn't specify how low the S&P might go. I can see it dropping in the 1100's before the correction is over. I figure that we will see the correction continue until the end of June, as this is the time the next Fed meeting will be held. From there, the Markets will follow the lead that the Feds give in their statement and data that will be available. Stock Bull

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