The Justa and Lars Honors Bob Brinker Investment Club Thread Message Board

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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread

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Jan 20 4:00 PM EST

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To: Investor2 who wrote (4893)	9/26/2009 2:49:16 AM
From: DD™	Read Replies (2) of 10065

In addition to Her Ladyship, Mark Leibovit (whose NBR appearances I also enjoy) also remains in the strongly bullsih camp along with Commander Bob... Excerpt... "We've been in an upward channel since March, looking at the Dow industrials. There's a risk perhaps of a pullback to 9,000, 8900, maybe, but it's still an upward channel. And the work basically says we're in a bull market here which could last a lot longer and go a lot higher. We're finding that wall of worry Paul and some of the technical work we're doing, particularly a reverse head and shoulders pattern that we put together here on the chart shows potential even as high as 11,003. Originally I was talking 10,300, which was half of that 7700 point decline that we saw from the beginning of the bear market. So any pullback here in October, November, would be a buy for a move to that higher level I think some time into next year." pbs.org DD™

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