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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: rsie who wrote (22193)9/25/2008 1:05:44 PM
From: Kirk ©  Read Replies (1) of 42834
 
You asked on a forum I am not allowed to answer:

To: Investor2 who wrote (3969) 9/25/2008 11:20:06 AM
From: richard sievers of 3970

wish bob would tell us what his model told this past monday when "ran the numbers"?

rich

In June 2007 with the S&P500 at 1530.62 the model said

”We rate the stock market as attractive for purchase on any weakness that occurs in the area of the SS&P500 Index mid-1400’s. Above that, we recommend a dollar-cost-average approach.”

A few months ago with the S&P500 at 1400, Brinker on the radio said: [ From tinyurl.com ]

“What we have right in here now is evidence that the Cassandras, who earlier this year, were telling us we were in recession – right now they’ve basically – well I’ll be kind, basically, they look like fools right now.

….So what we have here basically, is an example of false prophets and it’s sad. And the reason it’s sad is the damage done. Think of the people that are looking today at the market, S&P at 1400 and they’ve been scared out of the market in the first quarter by these bears………

It’s just amazing and yet these people are out there, and these people are not happy, I’m sure, to find themselves out of a rising market since March. To find themselves looking for ever lower prices when in fact we’ve had the opposite."..

Unless you are Dipy/Seabiscuit who will do the opposite, why do you care what it says now?
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