Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Investor2 who wrote (2715)	1/11/1998 2:38:00 AM
From: Greg Luke	Read Replies (1) \| Respond to of 42834

POW..did I hit that one right out of the ball park! Dow 9000! My timing was a little off, but I guess all the fundamentals so often preached by BB just seem all to be lined up for a jump up in the market. I have never heard Bob so enthusiastic for the market in years. Perhaps it was so obvious that even those of us ..the "we're not worthy" crowd...was able to see that prediction coming. I wish I had some spare cash to ride the wave. But hopefully all of my the boats I am in (including Intel) will rise to "meteric heights"...I think that is the term BB used. Just for the record Investor 2, regarding the short time period when asignal may arise which would indicate a bear market, I was making reference to a show BB did in October or earlier. It was more of a generic statement, in answer to the question.."how long will we have to get prepared for a bear market". And I can remember his answer that market conditions could turn negative in a time period less than his newsletter would allow. Think about it...Bob now is as bullish as he has ever been about the market. Calling the Asian flu just a minor problem that has been largely discounted by our stock market. But if some economic news in Japan caused the yen to fall to 300Y/dollar, the world would be shocked. Now THAT would have a really badly impact our stock market. And you would have to react fast to a situation like to avert a fast ride downward in our stock market. So my point was not that BB was predicting a bear market, only that he said certain events could cause the maket to turn bearish in a short time period. But, hey, let's not ruin the party with such talk. I love a good, ole' fashion ride on the stock market...an upward one of course! By the way, Alan, if the stock market goes down and stays down below 7400, then you can say "BB was wrong". But you cannot say he was setting himself up in the neutral zone today, that is, to be correct no matter which way the market goes. This was an unequivical BULL MARKET statement today. Also a clear call for the Packers. I hope he is right..the Packers deserve a trip to San Diego. Anyway, reminds me of the Vince Lombardi days...ups, ahhh...yea.. like the ones my father told me about (I wish). Greg