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

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To: dougjn who wrote (1960)11/1/1997 12:52:00 AM
From: mister topes  Read Replies (2) of 42834
 
An eleven percent correction in the S & P 500 Index a major
event? You must be kidding. This falls precisely within the
guideline of a short-term correction of up to approximately
ten percent that Brinker has said for the past decade on the
radio is perfectly normal and health restoring in an ongoing
bull market. Frequently such pullbacks result in buying
opportunities during the inevitable testing phase and don't be
surprised if exactly that occurs during November. As of
November 1 the S & P 500 has corrected 7.3%. If you think this
is a big deal then you obviously know nothing about investing.
Did you actually think stock prices only go straight up all the
time? You have no idea what you are talking about if you do.
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