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


To: sea_biscuit who wrote (3602)2/23/1998 3:49:00 PM
From: TMAC  Respond to of 42834
 
However, it certainly seems logical that the sell signal, if it is given, should be at a level above 7500.

Yes, of course.

I believe a case could be made that if the market has an intermediate (say 13%) correction during which time Bob's indicators turn bearish this signal could be below 7500...but not likely.



To: sea_biscuit who wrote (3602)2/24/1998 12:01:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 42834
 
>>However, the reason why people listen to him (or
read his newsletter) is their feeling that he is capable of giving them some measure
of a guarantee. Otherwise, what's the point, right?<<

this is a big mistake. what bob is good at is calculating the probabilities that certain things will occur. the only caveat is that he has proven his bullish prowess but has yet to prove his bearish prowess (though he may do this when the time is right).

it is all about probabilities and not guarantees.



To: sea_biscuit who wrote (3602)2/24/1998 12:50:00 AM
From: mister topes  Read Replies (1) | Respond to of 42834
 
Why in the world would dippy want a "guarantee" from someone
he thinks so little of he does not even care about his
published views in the newsletter. Dippy, you are amazing!