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


To: dougjn who wrote (7298)8/29/1998 4:41:00 PM
From: Mannie  Read Replies (1) | Respond to of 42834
 
It sure is interesting to see the number of people that expect Bob Brinker to be absolutely flawless in his vision of the market. Remember that no matter how good he is, and I think he is amazingly accurate, no person KNOWS what the market will do. He gives it his best shot just about every weekend, in front of millions of people. If you choose to listen and take his advice, remember that that is by your own choice, and you are the responsible one, not Mr. Brinker.

Markets do as they have done this last week, make sure you have the stomach for it, And don't blame someone else for your choices.



To: dougjn who wrote (7298)8/29/1998 4:42:00 PM
From: Trebor  Read Replies (1) | Respond to of 42834
 
>Canada is our largest trading partner. Their currency is down almost 10% in response to the depression in commodity prices, and the lack of Asian demand. Canada is, of course, a major commodity producer.<

So is the U.S. and meanwhile, back at the ranch, here's what's happening to commodity prices here:

"Corn futures prices at the Chicago Board of Trade fell under $2 a bushel for the first time in 10 years Wednesday. A "basket" of 17 commodity prices fell to a 12-year low. How low will prices go? "As hard as commodity prices have fallen, they could fall a lot further,'' Ian Morris, International economist at HSBC, told Reuters.

Don't mean to stir up the farm-vs.-city debate again, but commodity prices are important and deserve to be monitored. BB hardly if ever mentions them but they remain a bedrock indicator of the health of our economy, especially as it relates to international trade.



To: dougjn who wrote (7298)8/30/1998 6:00:00 PM
From: Math Junkie  Read Replies (1) | Respond to of 42834
 
Regarding your statement that "Bob Brinker was Plain Wrong. Completely."

Hey, nobody's perfect! I was only complaining about the gloating. Sure, the market has gone down more than he expected. But to say that he was "completely" wrong is a bit premature.