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

To: Boca_PETE who wrote (7307)	8/29/1998 6:17:00 PM
From: Joseph G.	Read Replies (1) \| Respond to of 42834

But what should we call it? The definition said: bear market is between 20 to 50% off peak. As there are examples of the markets going down over 50%, what are they, if not bears? Malaysia is down more than 90% in US$, many markets are down more than 80%

To: Boca_PETE who wrote (7307)	8/29/1998 6:25:00 PM
From: MrGreenJeans	Read Replies (2) \| Respond to of 42834

Quote from Another Thread... "Funny how someone can be right for YEARS and wrong for days, and be everyones punching bag."

To: Boca_PETE who wrote (7307)	8/29/1998 7:37:00 PM
From: stock bull	Read Replies (3) \| Respond to of 42834

Pete, need help...looking for a sanity check. I assume that you heard today's radio show. What I heard Bob say is that his indicators for inflation, interest rates, money supply, growth, even valuation are all ok...and, we are not in a bear market, nor are we heading for a bear market. He recommended that investor use this correction as a buying opportunity, and they will see the rewards sometime next year. He went on to discuss the foreign markets with emphasis on Russia and Japan. Even discussed the problems with Clinton. The picture that I got was essentially that the foreign markets were having a negative impact on the U.S. stock markets. He was not very positive on this impact to our markets, mainly due to investor sentiment which is pretty negative. He also said that we will base line the markets for sometime, then turn-up. He didn't say anything about targets for the Dow, S&P or Nasdaq. What I have concluded is that the problems are server, high risk for the investor, this year is written off, look for volatility to continue, and no real improvements in the foreign markets. In summary, things aren't really that good, but still a good time to invest. Appreciate reading your take on Bob's comments. Hope you heard the show. Stock Bull