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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Randy Ward who wrote (4077)3/13/1998 11:51:00 AM
From: Joe Basile  Read Replies (1) of 42834
 
I have no idea how large Dipy's portfolio is, however I assure you, you are not the only small boy playing a big boy's game !! In my case, had I never heard of Bob Brinker, mine would be much smaller. He is my #1 source of continuing education on investing.

I don't believe I have ever heard Bob hint of an upcoming Bear. I have heard him on more than one occasion raise flags of caution. Most recently, flags of caution have been raised in the valuation portion of his timing model. In fact, this past weekend (Sunday I believe it was), he opened the show discussing an auction in NYC of Duke and Duchess artifacts which was expected to raise $7 mil. He went on to say that the auction ended up raising in excess of 23 mil if my memory serves correctly. He gave examples of certain artifacts that went for huge sums of money (more than experts believed they were worth). He then spoke of an auction that happens every business day in the "caverns of Wall street". He said at this auction people are also paying historic high prices (for stocks). I'm not certain as to whether this discussion was a flag of caution, but it could be interpreted that way. Whatever the case, it was an excellent opening commentary.

Regards,

Joe
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