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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (33207)10/17/2000 11:39:33 AM
From: allen menglin chen  Read Replies (1) | Respond to of 42787
 
Don, During the Memorial Day weekend, Brinker called for a NAZ counter trend rally for QQQ run from hi 70s to 100s in 2-3 months. And NAZ gapped up and never looked back the next Monday, and reached 100 in 10 days. That's probably why people got excited today. Hopefully this won't become a Brinker's bubble. I only added BVSN @ 27s b4 opened and more @ 26.5 now. The rest of my longs were from last wed and thur based on your calls. Thx for the great calls -- this thread is so wonderful for short-term market directions, while CNBC is on the "wrong" side most of the time. I reduced my longs late Friday.



To: donald sew who wrote (33207)10/17/2000 12:58:28 PM
From: edward miller  Read Replies (1) | Respond to of 42787
 
Although I am not a MarketTimer subscriber, I have been
very positive on Bob Brinker's timing this year. However,
there is one possibility apparently missed.

Bob was right on about getting out early in the year.
Bob was right about a counter-trend rally earlier.

Bob just might be wrong this time. An honest mistaken
reading of the market. He is not a god. He is entitled
to be wrong on occasion, and just because he has been very
good at picking bottoms does not mean he is infallible.

I have nothing against Bob Brinker, and I admire his radio
show, even though I rarely have time to listen. He seems
to be a good guy, but infallible? Nobody is infallible.

Just watch your indicators for confirmation.