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


To: Randy Ward who wrote (4077)3/13/1998 1:53:00 AM
From: Kirk  Read Replies (1) | Respond to of 42834
 
Welcome Randy.

On the topic: Has Bob ever hinted at a bear at any time in the past? Has his model ever turned on the warning light?

I think he was very close to it about a year ago. Bob had us newsletter readers call and get a prospectus for a fund that goes against the index funds. Seems sentiment was pretty high then. It seems to be fairly high now once again as I read more and more about DOW 9000 and even DOW 10000. I think Good Ole' Ralph A. flip-flopped again. He was saying 8500 then a tank-er-oo on the New Years Wall$treet Week and now I hear he is calling for higher numbers once again (I just heard 2nd hand snippets of DOW 10K per his predictions - so I can not verify for sure.) Maybe he likes to be the first in the news saying $10K?

I prefer Bob's approach of just enough higher to keep 100% invested then raise the bar when we get close if it still seems good on further examination.

regards
Kirk out



To: Randy Ward who wrote (4077)3/13/1998 11:51:00 AM
From: Joe Basile  Read Replies (1) | Respond to of 42834
 
I have no idea how large Dipy's portfolio is, however I assure you, you are not the only small boy playing a big boy's game !! In my case, had I never heard of Bob Brinker, mine would be much smaller. He is my #1 source of continuing education on investing.

I don't believe I have ever heard Bob hint of an upcoming Bear. I have heard him on more than one occasion raise flags of caution. Most recently, flags of caution have been raised in the valuation portion of his timing model. In fact, this past weekend (Sunday I believe it was), he opened the show discussing an auction in NYC of Duke and Duchess artifacts which was expected to raise $7 mil. He went on to say that the auction ended up raising in excess of 23 mil if my memory serves correctly. He gave examples of certain artifacts that went for huge sums of money (more than experts believed they were worth). He then spoke of an auction that happens every business day in the "caverns of Wall street". He said at this auction people are also paying historic high prices (for stocks). I'm not certain as to whether this discussion was a flag of caution, but it could be interpreted that way. Whatever the case, it was an excellent opening commentary.

Regards,

Joe