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: Greg Luke who wrote (2188)	11/24/1997 2:57:00 PM
From: Kirk ©	Read Replies (1) of 42834

Greg writes of an old "rule": A healthy market will start at a low point (Jan. DOW = 6200) to a high(Aug. DOW = 8300), then retreat back to the mid-point of 7250 and then return to it's bullish climb. It seems like this "rule" fits todays market perfectly. ---------------------------------- I disagree. The BullRun started much lower, maybe 777 if I remember, and has only had one really big "correction" in 1987. Since then, I don't think it has had more than a 10.X % correction. Your 6200 point is just one of many on a line that goes pretty much up and to the right from 1974 or so. I made a chart of this which you can see with this url: quote.yahoo.com^DJI&d=my This chart shows it even better from 1993 on: quote.yahoo.com^DJI&d=my or quicken.com BTW, I think you were responding to BB Jr. He writes/does the www.adcom.com website where BB Sr. had his first web presence. More links at: suite101.com regards Kirk out

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