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

To: Boca_PETE who wrote (12365)	2/24/2001 2:27:49 PM
From: Gary D	Read Replies (2) \| Respond to of 42834

Pete, re: ". . . Correct me if I'm wrong, but it seams to me something major is left out of the meaning when you omit "or more"." When Bob said 20 percent drop 'or more' I believe that is just his way of giving us a rough idea of how his probability distribution looks. The curve could be falling off rapidly in the vicinity of -20% and that's why -20% is mentioned. So I think Kirk's reference to the limits is an accurate interpretation of Bob's intent. JMO

To: Boca_PETE who wrote (12365)	2/24/2001 3:05:18 PM
From: Kirk ©	Read Replies (1) \| Respond to of 42834

I also left out the fact that we went over 5% days after he said "no chance for new highs" where he was dead wrong. I also left out the fact that he currently says: "up to xxx% of more" for the QQQs and has said that in print many times. Funny how the value of XXX keeps changing as the new starting point. Next month the starting point will have to be adjusted from $62 to $48.23 "Up to" and "more" covers zero to infinity as far as I am concerned so I compromised. full details here: suite101.com As Mr BSL says, I was being kind.