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

To: Tim Bagwell who wrote (3492)	2/18/1998 3:37:00 AM
From: Greg Luke	Read Replies (3) \| Respond to of 42834

I must admit, Bob has a style of expressing his strongly held opinions. If you have not been listening to him for a bit, you might miss some vital information. For example, he was very up front about his opinion on going to war with Saddam.. he was very much against it. Yet, he used the terms, "I would be very cautious about any undertaking by the US Government". Translation: He thinks the idea the idea of getting involved in the Middle East totally stinks. I take the same meaning when he says: "If the market passes the 22 or 23 times earning multiple, I would be very cautious". Translation: The market is going down in a "New York Minute". Which means: "I don't know when it will drop, but it will drop and chances are sooner than later." Conversely, if he says: "We had a buying opportunity on January 23rd." Translation: you missed the bottom, but you can get on board and ride the wave upward. Unless, of course, he says: "You don't want to chase the stock upward". This means the stock has reached its reasonable goal and could be in for a downward correction. Just a little BB speak I have picked up on..anyone agree? Greg