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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 (6289)8/1/1998 7:13:00 PM
From: XOsDaWAY2GO  Read Replies (1) | Respond to of 42834
 
>>>Everyone else is talking bear market. It was depressing reading Barrons...

I know. When I read that Barron's article, I thought...is it time to cash in?? Even Point and Figure charting is way, way defensive now. I couldn't get Bob today so it was great to hear you report his comment on a buying opportunity.

Barbara



To: Thomas M. Carroll who wrote (6289)8/1/1998 7:34:00 PM
From: Boca_PETE  Read Replies (1) | Respond to of 42834
 
Thomas C: RE: <anyone hear BB talk about the averages reaching new highs>

I believe Brinker said "Expect new highs later this year as investors look forward and start to discount 1999 earnings."

Currently we're in a short term pull back. It could pull back up to approximately 10% as in the past pull backs / corrections. Brinker said any DOW close under 8650 is a BUY Opportunity.

The big risk going forward is fallout from Asia-Japan impacting the U.S. economy more than currently expected.

I believe Brinker expects any change in leadership in the U.S. to have a very short term effect.

Dean, you've just gotta get into listening on the internet - it's such a breeze: listen every week to WLS Chicago. This Microsoft Netshow download is easy. Local NYC radio is not reliable due to sports. You may be able to receive the program on WRKL 910 AM from Rockland County (Nanuet,NY).

P



To: Thomas M. Carroll who wrote (6289)8/2/1998 11:58:00 AM
From: Allan Harris  Respond to of 42834
 
RE: I heard a little of Bob today; heard him talking about a possible buying opportunity;

My wife asked me this morning what Brinker had to say on yesterday's show. I replied, "It's a bull market, buy the dips." Oversimplification? Here's another Zen story:

If something is boring after two minutes, try it for four. If still boring, try it for eight, sixteen, thirty-two, and so on. Eventually, one discovers that it is not boring but very interesting.

Allan