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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 (12369)2/24/2001 2:47:27 PM
From: Gary D  Respond to of 42834
 
Pete, I suppose it's possible Bob believed there was a good probability of a greater than 20% drop, but just said '20% or more' because that's all he needed to say to get our attention; and also because 20% conforms to the bear market definition. But I believe his choice to mention the +5% upside was based on a rapid falloff of his probability distribution in that vicinity.

Gary