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

To: stock bull who wrote (7325)	8/29/1998 9:26:00 PM
From: wooden ships	Read Replies (1) \| Respond to of 42834

Stock Bull: I'd be happy to clarify. While identifying the present downturn as an intermediate term correction, defined as a contraction from highs of between 10 and 20 per cent, Brinker did not seem prepared on Saturday, during my listen- ing, to locate the bottom of this correction within those given boundaries. If the numbers are correct here, it would seem we are now roughly 14% down from the market highs this year on the DJIA and 13.7% down on the S&P 500.