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

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To: JF Quinnelly who wrote (8323)10/10/1998 5:23:00 PM
From: Wren  Read Replies (2) of 42834
 
Princeton Economics Institute's opinion that the global crisis may come to a head in the next few weeks (#8323) is completely opposed to BB, who said today that we should be fully invested because the climb to new highs may had begun yesterday, but in any event he feels that it will begin in the next two weeks. In new paper dated 10-9, PEI said that in times like this, cash is king. http://(www.pei-intl.com) The next several weeks should be interesting.

The first caller, I believe, asked BB how his model took into account the situation in other countries, for example Japan, and BB said in effect that it didn't, except for the effect other countries problems have on earnings of US companies. (That is the meaning I got from the reply)
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