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

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To: Kirk © who wrote (23121)8/6/2006 3:58:37 AM
From: Math Junkie  Read Replies (2) of 42834
 
"It would be interesting to read old MTs to see when he first started to say his model was 'bearish' rather than 'cautious.' I bet the market was already down quite a bit."

It happened in August of 2000. The S&P was a little higher than it was the previous January, while the Dow was a little lower.

"FWIW, I think he is lying now when he says his model went bearish in January 2000."

The January 2000 issue said the model had turned "unfavorable." That sure sounded bearish to me at the time. We can only speculate as to why he didn't want to use that word, but my guess is that he wasn't that sure of his model and was afraid to take an unequivocal stand.
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