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


To: Thomas M. Carroll who wrote (4456)4/4/1998 3:30:00 PM
From: Steve Hallam  Read Replies (1) | Respond to of 42834
 
I'd like to second that. Those summaries are fantastic. Probably better than a transcipt.

Does anyone know what happened to General Dynamics -- in the last day or two it plunged. I had it as one "simulated" stocks in a stock market game. Thank god it wasn't real money it blew up in my face -- down 40%!! I was doing pretty good until then. Good reason to stick to mutual funds.



To: Thomas M. Carroll who wrote (4456)4/4/1998 8:19:00 PM
From: wooden ships  Respond to of 42834
 
Thomas: Woefully, I only heard a smattering of today's radio show.
One caller echoed our Pete from Stamford's heads up observation
on 2 April that bullish sentiment, by one measure, had eclipsed 70%.
To wit, Pete wrote in post #4426:

"Today's Investor's Business Daily reports that 53.3%
of advisors are Bullish and 22.6% of advisors are Bearish.
Thus, as a percentage of Bulls + Bears, 70.2% of advisors
are Bullish. Although the 4-week moving average has not yet
exceeded 70%, it appears a YELLOW CAUTION LIGHT has
been lit in Cocoa Beach, Florida.
"

To that caller, Brinker responded that sentiment is but one of four
indicators he employs within his proprietary market timing model-
the other three being economic, monetary, and valuation indicators.
Our commander also echoed Pete's remark that the sentiment in-
dicator's four week moving average was yet below the cautionary
70% level.

Another caller expressed some concern that the same sentiment
survey presently records only 22% bears although Brinker amended
this number to 29% if only the percentages of bulls and bears are
taken into account. Brinker characterized those in the survey who
count themselves in the "correction crowd" as "clueless" and, pre-
sumably, irrelevant.




To: Thomas M. Carroll who wrote (4456)4/4/1998 8:41:00 PM
From: Joe Basile  Respond to of 42834
 
My apologies Thomas, I will have no summary for Saturday's program. For some reason my VCR didn't start its record cycle as programmed. I was out running around today and caught just bits and pieces of the show in the car. However, I rely on the tape to issue the summaries. I am setting it up now for a test recording. Maybe I'll record Art Bell or something. I'll be sure not to issue a summary for that. I suspect the problem was on this side of the keyboard if you know what I mean.

He spoke of Intel on one portion i caught, seems I remember him saying that AMD has something like 45% of the sub 1K microprocessor share. He sounded somewhat concerned with the prospects of the company (intel) short term. He says he owns no AMD, Intel, or Cyrix. He said bullish sentiment was at 70% for last week. However the 4 week rolling average was at 67% if I recall correctly, and that is what the timing model uses. He also said that any gains in the market from here (and he's still saying DCA) will be "hard earned".

Have a great day,

Joe