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


To: Alan Bell who wrote (4373)3/29/1998 3:50:00 PM
From: Boca_PETE  Read Replies (1) | Respond to of 42834
 
Alan: re:< the only thing to do is watch it hit 9000.>

With investment advisor sentiment rising to 65% this past week (70% = caution in Brinker's timing Model), Brinker asserted yesterday that it would surprise him if the U.S. stock market reached a MAJOR turning point (market top) in the not to distant future. When this occurs, Brinker said he expects that bullishness will be everywhere and it will be hard to find any bears (in my opinion,expect Michael Metz who will always be out there in front of those camera lights). Brinker expects that no one will notice the major market turn in this environment (hopefully Brinker will notice). Brinker also assets that he currently sees no sign of such a market top for the foreseeable future. He also said he is paranoid about the stock market, worries about it from the opening be, and especially worries after the market closes.

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