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

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To: Kirk © who wrote (6934)8/17/1998 7:49:00 PM
From: mister topes  Read Replies (4) of 42834
 
You may be missing the fact that Brinker's Marketimer Timing Model
appears to be making another incredible call of a correction bottom.
Brinker recommended buying any dips below Dow 8650 or S & P 500
1100 as this would represent the big 1998 off Presidential year
buying opportunity he has talked about as a 1998 probability.
He added he thought the final lows in the correction would be
within about three percent of these target levels, give or take
a small fraction. Now we see, to date, the Dow closed within
2.6% of 8650 and the S & P 500 within 3.38% of 1100 thereby
making this another direct hit for the timing model. Those
buying this dip during weakness below these benchmarks may be
scooping up bargains that will make them serious money by 1999!
Go Starship!
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