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


To: geode00 who wrote (12939)3/12/2001 8:00:13 PM
From: BigShoulders  Read Replies (1) | Respond to of 42834
 
Re: I have NAS closing a bit above 3000 on 11/16 with the Q's closing a bit under 73 on that date. I was using an approx 50% rise from early March to about 70 in the Qs as a rough guide for the new target.

I think we should use Oct 12 when Brinker made the CTR call. NASDAQ closed at 3074.68 Q's closed at 75 1/8.
March newsletter has no % gain indicated nor does it refer to a target for the Q's but says "CTR has potential to carry the NASDAQ above 3000." 3000 correlates to near the 75 at the time of the Oct CTR call. So I think Brinker's best case (potential) is break even on CTR 1 and + 20% from CTR 2 in January. Personally I wouldn't base my target on "potential" I'm shooting for 65. Lets see what Brinker recommends as the exit point. Hopefully it's higher than the entry point for CTR 2.