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

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To: Thomas M. Carroll who wrote (6289)8/1/1998 7:34:00 PM
From: Boca_PETE  Read Replies (1) of 42834
 
Thomas C: RE: <anyone hear BB talk about the averages reaching new highs>

I believe Brinker said "Expect new highs later this year as investors look forward and start to discount 1999 earnings."

Currently we're in a short term pull back. It could pull back up to approximately 10% as in the past pull backs / corrections. Brinker said any DOW close under 8650 is a BUY Opportunity.

The big risk going forward is fallout from Asia-Japan impacting the U.S. economy more than currently expected.

I believe Brinker expects any change in leadership in the U.S. to have a very short term effect.

Dean, you've just gotta get into listening on the internet - it's such a breeze: listen every week to WLS Chicago. This Microsoft Netshow download is easy. Local NYC radio is not reliable due to sports. You may be able to receive the program on WRKL 910 AM from Rockland County (Nanuet,NY).

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