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

To: Investor2 who wrote (4089)	3/13/1998 8:00:00 PM
From: wooden ships	Respond to of 42834

I2: The archives reveal that Brinker last spoke of this notion of an "intermediate term sell signal" on 28 February 1998. Herewith is a segment of a post(#3696) which refers to this matter: 28 February 1998 "Though Brinker remains bullish and advises full investment and dollar cost averaging at these lofty levels, he raised the subject of an "intermediate term correction" on at least two occasions today, to recall it. An intermediate term correction is defined by Brinker as a correction of greater than 10% and less than 20%. Of course, the obvious problem, as noted on the broadcast, is that an inter- mediate term correction is a normal precursor to an all out bear market, should a bear market follow suit. As I have it, since it is impossible to distinguish between the advent of an intermediate term correction and the beginnings of a true bear market, Brinker would advise a zero equity position should he issue a call for said inter- mediate term correction. To be sure, Brinker, to date, has not called for such a correction..." I2, I don't remember Brinker discussing the notion of an inter- mediate term sell signal before that show aired on 28 February. Others are welcome to offer their recollections on that subject. It sounded like a new wrinkle, as you suggest, or, at least, one that has not been discussed for some time. That said, perhaps those more versed than I in the Brinker canon may shed light here.

To: Investor2 who wrote (4089)	3/13/1998 8:28:00 PM
From: mister topes	Read Replies (1) \| Respond to of 42834

Your post regarding Brinker's current market view is very disappointing. The reason it is disappointing is because it is very inaccurate. Brinker just last weekend told Moneytalk listeners he remains bullish on the market outlook. He said a short-term pullback along the lines of one to four percent was possible at any time, but that would be followed by a move to still higher record levels. At no time has he indicated the expectation of an intermediate correction of 10% to 20% in the near term. Since his buying opportunity recommendation below Dow 7500 in early January, he has remained steadfastly bullish as he projected this rally would be "exciting and surprising to many".