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: Jim S who wrote (7361)	8/30/1998 1:41:00 PM
From: stock bull	Read Replies (1) of 42834

Jim, re: <<I distinctly remember several weeks ago when Bob was making a point of explaining that his model was unable to differentiate between an "intermediate correction" and a true bear; what he was saying then was that if the market declined to the "intermediate" level (which now appears to be defined as a drop of >10%), that he would consider it as a signal to sell. >> if this is the case, my question is...why didn't he send his subscribers the letter with the sell recommendation? In many ways, it would be in the subscriber's best interest to get out of the market if the "odds" have shifted towards a bear market. Please note, I used the term "odds" as opposed to "timing model". In other words, if the model said...stay invested, but Bob's gut level feelings said otherwise, we would be better off being out of the market...IMO. Of course, this would place Bob somewhere between Elaine G., and Abby Joseph Cohen. Stock Bull

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