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: Boca_PETE who wrote (2087)	11/12/1997 6:14:00 PM
From: dougjn	Read Replies (1) of 42834

I predict BB will start hedging re: retesting lows this weekend. He has priviously said doesn't believe we will go much, or significantly, below the Monday Oct 27 lows. We will start hearing about the Tuesday intraday lows, and/or an expansive version of what significantly below, or significantly more than 10%, means. This is not to knock BB. Things are changing. It wouldn't surprise me too much, actually, if he said just that. Anyway, over the last month, I have taken lots of profits. Am now 80% cash. (Was on Margin until Oct 13 to excellent effect. The intel jitters clued me in.) Ready turn on a dime and jump back in. Right about now, cash seems very profitable, what with the opportunities springing up. Regards, Doug

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