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

To: octavian who wrote (42721)	3/6/2009 11:03:47 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 42834

octavian, unfortunately, i can't really watch SRS as i am one of the few with a day job. i guess that is fortunate. anyway, the market seems to be getting it. i will likely buy a first third in the high $80 range. if you watched today, SRS went up with the market - that's rare and an indication someone is accumulating - maybe on speculation, maybe knowing something is gonna hit. i drove by my local mall today and the flagship department store is not only empty, but so are four other store facing shops and a couple shops not facing the street. i smell bankruptcy and a bank eating $10s of millions, if not more. i would like to buy after a two or three day rally in the markets, though. perhaps we don't get it. 40%+ in a week is no reason to kick oneself. if i can pull out 0%-10% in this kind of market then i can't really complain as others are losing substantial double digits. if i could do it all over again knowing what i know now, i would have mortgaged my house and bought SRS at $53 and sold at $109. too bad it doesn't work that way. btw, how is brinker doing? do you think he's spotted the bear market yet? i sense some strong rumours one is around the corner. ;-)