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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: MrGreenJeans who wrote (10251)	10/3/2000 8:29:11 PM
From: sea_biscuit	Respond to of 42834

Maybe in a few days it will be moot anyway, if we go below 3200 on the Naz. If we close out the year below those levels, we would be in a bear market no matter how you slice it.

To: MrGreenJeans who wrote (10251)	10/3/2000 8:37:52 PM
From: Gary D	Respond to of 42834

MGJ, re: "...This year is the first year I have heard Bob measuring from the peak. I cannot recall hearing this type of analysis before for either a bull or bear market. Bob, up to this year measured the returns of the indexes on a year-to-date basis going back to the 1980s. This is inconsistent; shall I dare say he is spinning the facts here?" What I thought I heard was measurement 'from the peak' strictly for the purposes of characterizing a bear-market decline: the magnitude of the decline is measured from the peak. Makes sense to me. I don't see how you get "spinning the facts" from that. (Also, I didn't hear Bob pretending that he had advised anyone to sell precisely at the absolute peak). Gary