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

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To: wooden ships who wrote (6553)8/8/1998 6:18:00 PM
From: wooden ships   of 42834
 
In re: "It bears no repetition that it was the limelight loving
analyst Lady Garzarelli who, with much fanfare and avid press
support, instructed her legion, adoring minions to "sell every-
thing" at the exact bottom of the 1996 bull market."

Brinker reminds us today that, at the instant of the hubristic Lady
Elaine's catastophic "sell everything" pronouncement at the precise
nadir of the 1996 bull market, Brinker himself declared a gift horse
buy opportunity. Parenthetically, the market has never looked back
from those erstwhile DJIA 5300+ levels. Meanwhile, Brinker inti-
mates that "King Bear" Ralph, the newly minted Mr. "Flip-Flop"
(coined by our own Double D), may have reprised her Ladyship's
career discrediting sell call by crying "bear market" at the bottom
of this phase of the 1998 bull market.

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