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


To: wooden ships who wrote (7070)8/22/1998 8:13:00 PM
From: Karin  Respond to of 42834
 
There is a link
biz.yahoo.com



To: wooden ships who wrote (7070)8/22/1998 9:36:00 PM
From: Mr. BSL  Read Replies (1) | Respond to of 42834
 
Deja vu all over again.

Message 3140816

Yes, Bob certainly sounded bullish today!



To: wooden ships who wrote (7070)8/24/1998 12:41:00 PM
From: Wally Mastroly  Respond to of 42834
 
Nice summary of this weekend's Brinker market commentary. Some of the following is probability repetitive but here it is anyway:

Some other tidbits on monologue & responses to callers:

He used the terms sensational/spectacular to describe the upcoming rise in all indexes once the testing of the near-term lows are done (if the testing isn't over already). He continues to call for new highs in all indexes over the next 6-to-9 months.

Althougth there are values in the Russell 2000 stocks he was unsure when the values would be realized & therefore would not commit further money there until he saw more money flow in to that arena.

He did not agree with Tom Kurlak's recent negative view of Intel stating that Kurlak's bearishness did not seem to be warranted in light of the recent rally in the Intel stock price (from upper 60's to mid 80's).

He commended a woman's buying of Applied Material on dips.

Bob felt that the Asian meltdown would continue & that is 1 reason why he remains incredibly bullish. No way would the Fed raise rates in the near term & if Asia continues to slow down the U.S. market the Fed could even lower rates slightly.

When asked about investing in the oil sector, he advised against it stating he saw no short term recovery there. If anything, the supply situation could be aggravated by countries like: Argentina trying to dump more oil on the market to help their financial situation & Iraq could also be allowed to sell more oil (especially since we presently have no president!). On that score, Bob said that Sadam loves Clinton's foreign policy - he just threatens Sadam but doesn't do anything).