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

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To: Sandy J who wrote (2097)11/12/1997 11:09:00 PM
From: Tim Bagwell  Read Replies (1) of 42834
 
Sandy, as far as I know there are no "gift horse" numbers. Bob considers the market PE multiple to be too high to warrant the celebrated "gift horse" call.

However, if the market retests the lows then we should get a buying opportunity which means, as the name implies, that you can commit to outright buys.
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