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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Dave Kahn who wrote (3289)2/10/1998 10:28:00 PM
From: Investor2  Read Replies (1) of 42834
 
RE: "So where from here --> ?????"

Very good question. I see many of the bears on SI are starting to throw in the towel and go long. Some are even buying call options. Quite a change of tone in these threads.

That makes me nervous.

Did you notice that Bob didn't label the recent buying opportunity as a "gift horse buying opportunity?" Did you also hear Bob's commentary on the 16 year period from 1966 to 1982 on the show last weekend?

That makes me wonder if, deep down, he thinks that this may be the final, blowoff upleg in the greatest bull market in history.

I've been hearing more and more TV and radio commercial suggesting that market risk is something that can "be easily managed." "There is no real risk," they say. Also, "don't forget, high risk means high reward."

That also makes me nervous.

Maybe I'm just the nervous type.

Best wishes,

I2
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