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

To: hedgeman who wrote (1823)	10/24/1997 6:39:00 PM
From: Gary M. Reed	Respond to of 42834

Yeah, Mr. Bowtie was looking really cocky on CNBC this afternoon. What a joke. Insana or whoever was interviewing him should've put him in his place by telling him "Hey Jim, even a broken clock is right twice a day." I mean, this guy misses out completely on the biggest bull market in U.S. equity markets history, yet he finally gets something right and there he is, telling America how "smart" he is. What he didn't tell us is: at what point did he begin shorting Hong Kong? If you shorted it two years ago, which I think he did, seeing it crash 20% is no relief if you rode it up 100% to start with. Guys like him remind me of people I know who go to the track. They're so busy telling you about the 99-1 longshot they just booted home, yet they don't bother telling you that they had $10,000 worth of losing tickets to hit that $4,000 "signer." Gary

To: hedgeman who wrote (1823)	10/24/1997 7:00:00 PM
From: David Bogdanoff	Respond to of 42834

<< This Mr. Bowtie has been a great contrary indicator for years. I see no reason to change that view. He is on CNBC stating he is short Hong Kong>>. Interesting that he has a position in "Hong Kong". I remember when HK was still British that he would not invest in China until the political situation stabilized. Must feel that it is stabilized now. David