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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Hank Stamper who wrote (13563)4/30/2000 6:19:00 PM
From: Mr. BSL  Read Replies (1) | Respond to of 15132
 
Counter rally
He laid out specific conditions such as visiting recent lows on low volume, convergence of market internals (advance/decline, high/lows I guess).

In the past when he hsa discussed sucker rallies, he called them sucker rallies. No, I think he sees a trading opportunity here.

Having it both ways. Yes, that is what I meant FWIW.
I was responding to an opinion that Bob would ignore the NASDAQ when it goes down, like he did when it went up.

Bob brings a lot of experience to the mike. That's why I listen. He also hedges his opinions to cover himself. that's why I ask for other opinions, such as yours.

Anyway, my take is that he sees a bottoming process although his model is still negative. Thus, he is not going long but will trade the upcoming rally.

Dick