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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: marc ultra who wrote (6266)7/30/1998 6:09:00 AM
From: Justa Werkenstiff  Read Replies (1) of 42834
 
Marc: Thanks for taking the wind out of my sails. You see I believed that my post was going to put poor Rill to work in trying to figure out if the Wilshire dropped more than 10% during the correction. I was looking forward to his silly post about the Wilshire dropping over 10% but I will probably never see that post thanks to you. The bottom line is that Rill is angry that Brinker did not call for an intermediate correction at the point the correction may have gone over 10% because this decision robbed Rill of an opportunity to show that Brinker was wrong. Good thing Brinker realizes (along with most everyone on this thread) that market analysis is an art and not a science. A wise man said once: "The market will do what the market will do without ever consulting me." Likewise, the market does not stop in a correction at 10% or less and say to itself that it will go no further because it does not want to give out a false intermediate sell signal to investors. The market has no brain.
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