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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: mister topes who wrote (1227)9/28/1998 11:46:00 AM
From: Kirk ©   of 15132
 
I believe you are on your own with your prediction of Dow 12000.
Brinker is on record predicting Dow 9500 over the next six to
twelve months but has not even predicted Dow 10000 yet let alone
Dow 12000.

I am aware of that Don, thanks for reiterating it. I was putting published numbers to the words spoken on the show Saturday and sharing the results. (I watched the 49ers CREAM Atlanta Sunday and forgot to tape the delayed Moneytalk so I don't know if more was said)

I understand the reason for not increasing the prediction as much can change in the World. Also, predicting 9500 is pretty far out there in the bull pasture so to speak so predictions above that would appear "hale-bop-ish"

My guess is DaBrink is expecting a "p/e multiple overshoot" as money pours in as investors come back with sentiment going to 70% again. I might even try timing this and start to reduce my position at sentiment 68% and p/e above 23. Anyway, that is what I expect to see happen.

regards
Kirk out
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