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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (5393)7/12/2010 7:43:50 AM
From: Boca_PETE2 Recommendations  Read Replies (3) | Respond to of 10065
 
On his radio show yesterday, it was made quite clear that THE BRINKER BOTTOM for this correction in an ongoing CYCLICAL BULL MARKET is in the area of S&P 1030 or below - about 5% below current levels. Looking at a chart of the S&P 500, the bottom and the retest at a slightly higher level are quite visible.

Brinker cited a number of potentially positives in the coming months that he believes an propel the market upwards. Amongst them were the "higher railroad car loadings" this year which he said would not be occurring if we were going into a double dip recession. I thought that was Bob down there at the railway station counting something :-)

Brinker stated there will be a lot of happy campers amongst investors at these levels when the S&P 500 eclipses the previous highs for this cycle.

P