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

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To: Jim S who wrote (8317)10/9/1998 2:59:00 PM
From: sea_biscuit  Read Replies (1) of 42834
 
Brinker's interest in tech analysis terminology seems to be inversely proportional to his confidence in his predictions. That is, the more shakey his confidence, the more he relies on whatever might bolster his stated prediction.

You are right. I expect to hear him tomorrow on the radio, waxing eloquent about how we "bounced" off the "benchmark lows", without so much as a reference to today's volume (which looks anemic when compared to yesterday's monumental deluge).

Nor do I expect him to say anything about the oodles of "new lows" everyday (@ one or two "new lows" every minute).

Dipy.
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