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


To: Sandy J who wrote (2586)1/4/1998 3:06:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 42834
 
In Bob's monolog yesterday he warned about the limited upside potential in the market because of current valuations and that sounds like very good advice indeed.

It was nice to hear Brinker on the air yesterday. Hopefully, we are finally rid of all those fools, drones and self-proclaimed Goddesses.

I didn't have the chance to catch anything other than the monologue. Brinker spoke about the valuations and said that the advice to "buy Coke now and hold it for 40,000 years" is downright silly. (Remember the Motley Fools' suggestion that you hold it for a mere 40 years?). Mention was also made of the "ship of fools". Any more than this, and Brinker would have to actually mention the Motley Fools by name! :-)

Brinker also pointed out that anybody who bought Coke about 6 months ago is now sitting on a 10% loss, waiting for the "greater fool" to come along. Maybe some of those who took advice from the Motley Fools would show up???? :-)

Dipy.