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


To: DD™ who wrote (6326)8/4/1998 1:36:00 PM
From: Justa Werkenstiff  Read Replies (6) | Respond to of 42834
 
Acampora is looking more and more like a fool as time goes on. Yesterday he was on the idiot box saying everything was looking good but for the small stocks and we were on our way to 10k. So what changed in less than 24 hours? Answer: nothing except Ralph saw some technical weakness today and decided to bandwagon it. Biggs pulled this trick a few weeks back. The Garz tried this trick to her demise in 1996. What these jokers are saying to any chump that will listen is: "Look at me. I can move the markets." Yeah, right. The markets moved them and we all know it. Thank goodness Brinker does not play these games.

Listening to Acampora will make you a camper who is poora'. He is a trend follower pure and simple. Watch him backtrack over the next few weeks and change course when the market recovers.

Oh, don't forget jumpin' Joe Granville who has us at 10k by labor day. Give Ralph a week and he and jumpin' Joe will be holding hands on this one.

Here is my market forecast: "We will trade between 7400 and 10,000 for the rest of the year." Hey, Ralphie, do you think I got all the bases covered?