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: mister topes who wrote (8251)	10/7/1998 9:35:00 AM
From: Cynic 2005	Read Replies (2) of 42834

<<Brinker has this bottom nailed absolutely at Dow 7500 and these retests have killed the bears who have completely failed to record new lows as they are relentlessly turned back by the bulls on the retests. >> It ain't over until it is over. I am sure some weak-heart bears and day trading bears have lost a lot. But don't deny the fact that a lot of longs, momentum traders got decimated also. Of course, most losses, thus far, appear to have hurt only the people who went long at the beginning of the year and at the peak in April and July. But, beneath the surface things aren't that great. FYI, I am a bear who didn't get killed. At least not yet. I have been making decent gains with my bearish positions since early 1997. -MMV PS: One more time I want to go on record against Brinker's call. Here is a prediction - the lows you claimed to hold will be taken out by October 20. Possibly before this time next wednesday the 14th of October. NASDAQ will get trounced in the mean time as well.

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