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

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To: Tim Bagwell who wrote (3529)2/19/1998 9:48:00 PM
From: Alan Bell  Read Replies (1) of 42834
 
The other two indicators in his model are economic and valuation. While his model may very well be inherently quantitative, there are clearly subjective aspects. In the second half of '96, BB realized that a large amount of corporate stock buybacks were occurring. This meant that earnings numbers were not fully reflective and the valuation of the market was better than it appeared. More recently, he made the correct call on Asia's impact on our market and this had a large effect on his bullish stance. I suspect that this was also a subjective evaluation.

-- Alan
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