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

To: Investor2 who wrote (4257)	3/18/1998 3:42:00 PM
From: Justa Werkenstiff	Respond to of 42834

I2: Re: "0 to 3% decline is just noise. 4 to 7% decline can happen at any time without a specific reason. 7 to 10% decline within a bull market is a buying opportunity." I have never heard Brinker put it that way at any one time. So long as any of the above occurs within the context of a bull market, he may well agree with some of this statement although the statement with reference to "4-7% decline" sure could apply to a "7-10% decline." Also, I am not sure the "7-10%" rule would always be true if he got an intermediate sell signal at some point during the decline. I don't think we can reduce his thinking to a 3x5" card to carry around in our wallets although it would be nice. I would defer to don lane on this one.