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: marc ultra who wrote (1659)	10/15/1997 8:15:00 AM
From: Wally Mastroly	of 42834

Heard Bob's Sunday monologue. The commander of the starship Moneytalk was shocked by the survey of 750 investors published in Friday's NY Times(I think it was done by Montgomery Asset Management).The results said the average expectation was an annual return of 34%. He said people who believe that are passengers on the ship of fools. The Dow whould have to go from 8045 (Friday) to 24,400 in 5 years. He still is looking for a Dow high in the 8300 to 8500 range between now & the winter months. Any corrections should be of a short term nature. As usual, his forecast statements were for the next quarter-type range.He said the bull/bear ratio had risen slightly (to 61%) but said it was still in the neutral range. He has a hold on Microsoft & felt it was "richly priced". I agree with your assessment that he was not issuing any sell signal.

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