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

To: Rillinois who wrote (17749)	3/27/2003 4:41:01 PM
From: geode00	Respond to of 42834

Rillinois! I'm waiting for your next buy signal <g> Hey, did you ever give a sell signal?

To: Rillinois who wrote (17749)	3/30/2003 9:53:28 PM
From: davidk555	Read Replies (1) \| Respond to of 42834

Impressive call Rillinois! The October 9th lows were certainly a unique buying opportunity. If they hold as the bear market bottom, it will once again consitute another feather in the Mid-Term Off Presidential Year election cycle as defined by the Stock Trader's Almanac. The sentiment on October 9, 2002 was certainly more bearish that it was during last month's lows. You are absolutely correct about the Investors Intelligence survey being incredibly bearish at the time. In addition, there were many other sentiment indicators registering very bearish readings. I actually sent out a special alert bulletin to my subscribers on the evening of October 9th saying I was more excited about the market than I had been in the last few years! (Send me an e-mail if you would like a copy of that bulletin) Unfortunately, I can't claim credit to playing that rally as I was hoping for positive divergences in all of the market internals before making a substantial commitment. To answer your question directly, I have deviated significantly from Brinker's published advice. For example, I went 100% cash in January 2000, and did not participate in the October 2000 rally, because I didn't see what Brinker saw. On the other hand, I was fortunate enough to be able to identify other rally opportunities, some of which were even posted on this thread! As for the latest signal, drop me a line and I will share with you my thoughts on the current market situation. mailto:davidk555@earthlink.net or visit my website: begininvesting.com