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

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To: wooden ships who wrote (6314)8/4/1998 1:16:00 PM
From: DD™  Read Replies (1) of 42834
 
Taken from Briefing.com..

"12:44 ET Acampora Predicts Correction: Stock market bull Ralph Acampora alarmed by market's movement this morning. The Prudential strategist just off the horn warning of a 15% to 20% correction from the highs. Based on this forecast, Dow will fall to 7500-7950. DJIA currently trading off 7.7% from 9338 high. Dow (-160) has broken through 8700 today."

Acampora has been "Mr. Flip-Flop" over the past year, calling for Dow 10,000, then Dow 6700, then Dow 10,000, now Dow 7700.

Conversely, Commander Bob has been steadfastly consistent in his predictions.

I think I'll side with Bob again.

DD
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