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

To: sea_biscuit who wrote (2037)	11/9/1997 4:37:00 PM
From: Kirk ©	Read Replies (2) \| Respond to of 42834

I believe it is +/- 2% to 3%. But more importantly, if it is in the -2 to -3% range, it has to be on low volume (I hope I am quoting Brinker correctly). My own reasoning is that a high volume could imply a sell-off leading to a more serious downturn, and therefore, it is better to be on the sidelines in such a situation... Dipy. ===================================================================== No...Not +/-. Bob said 2% within the LOW of 71xx something is a good price, but he did NOT say "Gift Horse". Have you EVER heard BB talk about a fancy strategy with volumes? Not me (unless it is for a more sophisticated investor than the general audience). He thinks the benchmark low has been set and might be tested again, but still looks for 8300-8500 in the near future. As I write, it sounds like he is suggesting dumping Micron....., MU, though I never remember him saying he liked the stock either. I wonder if he would short it and tell us? I sort of doubt it. Kirk out Join in the fun at: suite101.com