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


To: R.E.FALTINGS who wrote (2740)1/11/1998 1:47:00 PM
From: DD™  Respond to of 42834
 
"I believe I now Know what his so called " Market Timer Model " is! It is without a doubt Abby Joseph Cohen!"

Interesting observation. There is no question that they have been consistent on the overall market for some time.

It is also interesting to note that Bob's unabashed bullishness this weekend has coincided with Ms. Cohen's appearance on WSW. I prefer to think that this is just a coincidence.

In any event, I feel more comfortable in pursuing a larger equity weighting with both of these esteemed pundants in the bullish camp, whether or not one feeds off the other.

Opinions are appreciated.

DD




To: R.E.FALTINGS who wrote (2740)1/11/1998 3:10:00 PM
From: wooden ships  Read Replies (1) | Respond to of 42834
 
RFaltings: Brinker characterized the 1993 Democrat tax increase,
the largest in history, as "unfair" on Saturday. Verily, Brinker-
at the time of Clinton's treacherous abnegation of his campaign
promise of a middle class income tax cut (we are still waiting
for it, Mr. C!)- was quite indisposed to the merits of said tax
increase. Indeed, I believe that a case could be made that the
tax increase itself did not curb our ballooning deficits. The
Republican Congress began to rein in 40 years of runaway liberal
Democrat deficit spending and intemperate social largesse, restored
confidence to the US and foreign investors, and allowed for an
unprecedented bull run in the stock market. Such a market has been
a font of capital gains taxes to the US treasury, provided endless
liquidity, and engendered a sanguine environment for job creation
and consequent increased tax inflows. Make no mistake, an unbridled
Bill Clinton colluding with a tax and spend liberal Democrat majority
Congress would doubtless have been the kiss of death to the stock
market and the US economy overall. Thank Heaven this liberal
charlatan was fitted with a restraining Republican bit and harness.



To: R.E.FALTINGS who wrote (2740)1/11/1998 8:10:00 PM
From: Alan Bell  Read Replies (2) | Respond to of 42834
 
re: In light of BB's drastic change of attitude to the market this week versus past weeks, ...

While Bob's enthusiasism is different, his advice really hasn't changed that much. For the past couple of months, he has been saying that Dow 7400 is a buying opportunity. This weekend, he raised that to 7500. Nor has his upper target changed. He was still saying $48.00 time 22 PE, which he has been saying for months.

What changed was the market - in the last week it has pulled back to the point where it is likely that buying opportunity might be reached. While BB and Abby Cohen advice might coincide, BB recommendation definitely preceded the WSW appearance of Abby Cohen.

-- Alan



To: R.E.FALTINGS who wrote (2740)1/11/1998 11:55:00 PM
From: mister topes  Respond to of 42834
 
You may have it backwards regarding Abby Cohen. Brinker has never
paid any attention whatsoever to other market analysts and
has his own record dating back to August 1982 when at Dow 777
he predicted the greatest stock market rally of all time. He
also identified the bottom in 1990 at Dow 2365 and the subsequent
buypoints at 2850 in December 1991, Dow 3600's in 1994 and
Dow 5350 in July 1996 and Dow 6500's in April 1997. Abby Cohen
called none of these critical turning points and has had
periods where she has run hot and cold. If you choose to
pay homage to Abby go right ahead, but please do not suggest
that Brinker pays any attention to those in the lightweight class.
Your premise is ridiculous.