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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 (7365)8/30/1998 2:08:00 PM
From: Jim S  Read Replies (2) | Respond to of 42834
 
What I think (repeat, my opinion) is that the model doesn't react as fast as the market, and if the model is just now flattening or turning over, it will not have flashed the SELL signal yet.

If BB has a gut feel of worse times ahead, he must keep it to himself for two reasons: First, he publicly claims to adhere to the model. Second, he's made such a fuss about those who cry "sell" at a bottom (per Ms Elaine), that he doesn't dare make what might be a premature call. I suspect that if Bob ever actually does send out those first class letters, it will be well past the time they would help anybody. IMO, of course.

Good trading,

jim