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


To: DD™ who wrote (2048)11/9/1997 6:32:00 PM
From: dougjn  Read Replies (3) | Respond to of 42834
 
"Critical Mass" Can anyone say just what BB means by this? I take it he means the point where you can live off your assets alone, but does he put any bones on that. Also, I am just guessing. Heard him use it but only in a general sort of goal sense.

(Have only discovered/started listening recently.)

Regards, Doug



To: DD™ who wrote (2048)11/9/1997 8:12:00 PM
From: Kirk ©  Read Replies (2) | Respond to of 42834
 
BB has used the phrase "low volume testing of the lows". In fact, he used this phrase back in October 1990, at Dow 2360. The Dow tested the lows on very low volume following the Iraqui invastion of Kuwait (200 million shares) at that time.
DD
------
Interesting. So what is the idea behind this? It would seem relative volume rather than absolute also as the volume today on a typical day is higher or similar to that of the Oct '87 correction. A pointer to some good reading would be great.

Low volume to me means "not alot of people are really sure what to do" or sort of "wait and see" .

thanks
Kirk out
suite101.com



To: DD™ who wrote (2048)11/9/1997 8:38:00 PM
From: Boca_PETE  Read Replies (1) | Respond to of 42834
 
Double D:
Any ideas on what would be deemed to be "low volume" in BB's forecasted test of the recent lows ? 400 mil,? 450 mil ?

P