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


To: marc ultra who wrote (6864)8/14/1998 4:54:00 PM
From: Kirk ©  Respond to of 42834
 
Mark. Odds are they would blow themselves up trying to refuel the rockets to ready them for launch. I doubt the infrastructure (mainly good people to get things done) is still intact.

Most minds of any worth probably went to for-profit business. Has the government there been paying salaries to the good people with brains? I'd be interested to see what their armies looked like.... Probably not alot of priority to keeping the missles in top shape when they are trying to act as a police force.

Nukes.... Selling them to Iraq - now that is something to worry about!

regards
Kirk



To: marc ultra who wrote (6864)8/14/1998 5:02:00 PM
From: marc ultra  Read Replies (1) | Respond to of 42834
 
Possible scenario for full force rally. Clinton testifies Monday after which he addresses the American people. Admits an "impropor" relationship developed after a strong friendship. The key then is the polls after his address which show his job approval still high but tarnished a bit. Polls also show a very strong majority don't want impeachment hearings but want the whole thing to be over. Looking at the polls Congress (other than Bob Barr and a few) will have no appetite for impeachment. Foreigners and US investors will see a Constitutional Crisis unlikely and this will be used as a reason behind the tremendous rally that follows

Marc.



To: marc ultra who wrote (6864)8/15/1998 9:49:00 PM
From: marc ultra  Read Replies (3) | Respond to of 42834
 
re:fear:
It is great to see the level of fear and doubt on this thread today. This certainly indicates that the nervous nellies who don't even listen to Bob must be slowly getting cleansed from the market along with the 30% a year birthright believers. From my calculation as of Friday night we are 2.6% below Bob's buy point on the Dow and 3.5% on the SPYders. This is the whole point of a buying opportunity, it is a point where there should be relatively limited risk on the downside if correct. I don't have a clue why anyone would think Bob would have anything else to say today other than it is a continued buying opportunity at these prices. There is almost always at least some bad news that creates a buying opportunity like the two times interest rates spiked up once as I recall well over 7%, which both turned out to be great gift horse buying points. So far we've seen an initial buying point correction low that has now been tested twice on exactly the relatively light volume Bob predicted. If we fall another 5% for example especially on heavy volume then then there is little question that this more than a short term correction and those who wish to spend their time trying to prove Bob wrong about something can make a case.

Marc