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

To: Investor2 who wrote (4238)	3/17/1998 9:30:00 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 42834

Brinker is really hugging the curbs and driving his timing model to its ultimate limits. Now Brinker is not only calling the big market turns in the form of buying opportunities to the upside, he is beginning to call them to the downside. This past weekend and the prior weekend were the first times to my recollection that Brinker stated that there was the probability of a buying opportunity sometime in the future (in this example he said calendar 1998). He has got the pedal to the medal of his timing model. I do not think he has ever tried to forecast a buying opportunity. Looks like this could be a first. Stay tuned. He also seems now to be calling the market swerves for the first time as well by asserting that he does not see a correction of more than 4% in the immediate future with a return to record highs thereafter. Usually Brinker will say that during a bull market there can be a correction at anytime of up to 10%. Now he is saying that while that statement may be true, he does not see a correction of this magnitude happening at this time or in the immediate future. Now that's what I call living on the edge.

To: Investor2 who wrote (4238)	3/17/1998 10:31:00 PM
From: Fredric D. Bellamy	Respond to of 42834

>>"Re: Kurlak statement That man always seems to be very negative on technology stocks. Or am I just imagining that?"<< I used to think the same thing, but I learned the hard way (that is, by losing money) to respect Mr. Kurlak's opinion. He warned about Intel last year when the stock was pushing toward $100 post-split. He was right then. He warned again earlier this year when Intel was making another run. He has been proven right once more. Listening to him would have spared recent Intel investors some sharp pain. James Cramer has repeatedly called Mr. Kurlak the best analyst regarding semiconductors. Mr. Cramer's criterion is simply that Mr. Kurlak makes money for those who listen to him. My understanding is that over the last several years, and until last year, Mr. Kurlak was a major bull on Intel. He is not, evidently, one of the perennial "bad news bears." Incidentally, these sorts of dramatic swings in Intel surely are why Mr. Brinker has repeatedly emphasized that Intel is a good "trading stock."