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: wooden ships who wrote (3170)	2/1/1998 3:07:00 AM
From: sea_biscuit	Read Replies (1) of 42834

One caller brought into question Brinker's recitation of a bullish and potential triple bottom in the Japanese market given Brinker's oft repeated eschewal of "technical market analysis." Brinker noted that, while charts are excellent ex post facto "predictors", he has no faith in them as immediate and true predictors of market events. I gather that Brinker's notation of a triple bottom in the Japanese market was, thus, more an academic than a bankable observation. I think Brinker was unconvincing on this one. If he thought that the triple bottom didn't signify anything, why even mention it? After all, these charts keep making all kinds of patterns. If you think the patterns mean something, then fine, talk about it. Else, why bother to talk about it? Doesn't make any sense. I think the caller had a point there. Dipy.

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