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


To: Gersh Avery who wrote (14783)6/25/2000 11:20:00 AM
From: Boca_PETE  Read Replies (1) | Respond to of 15132
 
Gersh: When Bob said he expects NAZ to top out between Mid July and the end of August, and, that he would be looking to determine an exit point during that timeframe; I got the distinct impression that he would give a NAZ range, rather than an instruction to sell on a particular day.

Brinker said yesterday that he thought the NAZ had a +5% to +10% upside potential from NAZ 4000 which translates to NAZ 4200-4400 (The probable sell opportunity window IMHO). When he said the sell opportunity window could last until the end of August, it implied to me that the NAZ could visit the 4200-4400 area a number of times giving sell opportunities each time for those who did the short term QQQ trade.

P



To: Gersh Avery who wrote (14783)6/25/2000 11:49:00 AM
From: rsie  Respond to of 15132
 
I get the distinct impression that Bob is basing his info on historical data.....as he said during the sell signal last January, he does not feel his call will effect the market due to what has been set in motion by forces beyond his or anybody elses control.....just my opinion...rich



To: Gersh Avery who wrote (14783)6/25/2000 3:40:00 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 15132
 
Gersh: Cramer says that the next time Brinker speaks, Wall Street will listen after this "home run." Brinker is of the opinion that his calls do not move markets. Maybe times have changed but as people have pointed out today, Wall Street has a vested interest in selling the bull. Merill Lynch's new slogan "Be Bullish."