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


To: Justa Werkenstiff who wrote (6262)7/29/1998 8:34:00 PM
From: marc ultra  Read Replies (3) | Respond to of 42834
 
The important point it seems to me was whether Bob was correct in his advice at the time, not whether it was plus or minus 10% on one average or another. The fact is Bob was supposedly on two major California radio stations at the time saying this was just a short term correction and on his next show if I recall correctly even indicated that he personally stepped in and bought the morning following the big drop getting a great price at the open when people were still panicky. As I recall there was a huge rebound that day and it turned out as usual while everyone was coming out of the woodwork and saying the Asia problem was the start of Armageddon, Bob kept his followers in the market. If China devalues some day or some other event occurs frankly I won't give a damn if it is a 9.99 or 10.001% drop on any average as long as he stays right on the major trend

Marc