Bob Brinker: Market Savant & Radio Host Message Board

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

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To: E_K_S who wrote (6380)	8/4/1998 10:05:00 PM
From: marc ultra	Read Replies (1) of 42834

Eric, many very good points and I would add the Fed is now absolutely not raising rates in the near future and very importantly money supply growth should remain accommodative. We were in desperate need of a correction that scares some of the mindless buy the dip investors. If Bob is looking for modest returns in the bull market going forward that usually means serious and painful corrections along with the rallies. A scenario that would be interesting would be us taking off into the fall reaching Bob's predicted new highs and reaching the point of Bob's possible inflection point in the 4th quarter where bullish sentiment and valuation will again be stretched but either Asia or the Fed drags us into a bear market. If that happened and Bob could call it, it could make an excellent opportunity for the nimble. Marc

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