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

To: mister topes who wrote (2073)	11/9/1997 11:02:00 PM
From: sea_biscuit	Respond to of 42834

OTOH, whenever Brinker refers to "gift horse"s he always refers to a particular level of the Dow only. I think there is the implicit assumption that the S&P 500 and Nasdaq would have also reached attractive levels along with the Dow... Dipy.

To: mister topes who wrote (2073)	11/10/1997 6:37:00 PM
From: Tim Bagwell	Read Replies (1) \| Respond to of 42834

As long as I have listened to Bob he always refers to both the S&P500 and the DJIA as valid indicators to use for targetting. Since everyone in the world watches the DJIA it tends to track the broader market within a few percent. That's all the precision you could ever expect in timing. My comments about the DJIA overrunning the 10.8% number are as Bob expressed them to one caller. But there is no arguing that the S&P500 is, statistically speaking, a better barometer. Regards, Tim