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


To: MrGreenJeans who wrote (5948)7/14/1998 9:44:00 PM
From: Investor2  Read Replies (1) | Respond to of 42834
 
RE: "... the market will do what the market will do regardless of what anyone thinks, ..."

Haven't I heard that somewhere before?

Best wishes,

I2



To: MrGreenJeans who wrote (5948)7/14/1998 9:47:00 PM
From: wooden ships  Read Replies (2) | Respond to of 42834
 
Mr. GreenJeans- In re: "At these high pe levels any disappointment
in economic fundamentals may cause a stampede out a very narrow
door. As for me, I would rather walk slowly out the door, taking
my time, and taking my wheelbarrel full of profits with me, and not
have any footprints embedded on my chest."

Who can argue with a prudent man who, as you say, having benefited
mightily from Brinker's uncanny market advice during the course of
an unprecedented and lengthy bull market, now decides to lock in
a measure of his profits? Not I, certainly. Brinker speaks of this
time of economic Nirvana. There is little question such is the case.
However, the Biblical lesson of "seven fat years followed by seven
lean years" is doubtless never lost on the true man of prudence. Re-
ferring again to that old Spanish proverb, to wit, "What the fool does
in the end, the wise man does in the beginning."