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

To: DD™ who wrote (7416)	8/31/1998 11:53:00 AM
From: pride	Respond to of 42834

i don't know about missing a bear but he sure missed the magnitude of this downturn. if it is a bear we have suffered through the majority of it already, IMO. if it goes down another 10-15% i'm riding it out and buying...this type of correction, bear, or whatever you want to call it, is the best kind because it is quick and hard...beats the heck out of the 73-74 kind of bear that goes down like a leaky faucet and is a slow death. the current market could be similar to 1987 where the turn around to new highs could be accomplished in 6-12 months. what do you think? pride

To: DD™ who wrote (7416)	8/31/1998 12:16:00 PM
From: wooden ships	Read Replies (2) \| Respond to of 42834

DD- In re: "Can one safely say now that Bob has missed the bear?" Seemingly, only time holds the answer to this question. However, it would appear, even to the casual observer, that the vaunted Energizer Bunny is assuredly in need of fresh batteries at this juncture.

To: DD™ who wrote (7416)	8/31/1998 1:09:00 PM
From: donss	Read Replies (1) \| Respond to of 42834

DD, We all must realize that BB does not have a crystal ball, he did not see the Russian crisis in advance. The market may have acted as he predicted had the Russian crisis not occurred. He probably feels it is too late and too dangerous to bail out now. Add to this his ridiculing of the market bears the week before, he criticized one bear for changing his mind from the week before (Ralph flip-flop?). Add all of this up and you get a BB who stands firm on his bullish market prediction. -Don

To: DD™ who wrote (7416)	8/31/1998 1:30:00 PM
From: stock bull	Read Replies (1) \| Respond to of 42834

Double D, as I see it, the issue is no longer Bob. It's an issue that each individual investor must now face. Let me tell you, its lonely out here. Of course, the issue that I am talking about is whether one should sell, hold, or buy. I for one have decided to ride this out, keep my portfolio in tack. The majority of my losses are in one stock...a bell weather stock...Dell. The balances of my losses are spread over my mutual funds. Is this market going to sell off "forever"? I doubt it. I think we still have a way to go...that is down. I then think we will establish a new base, and start to recover. Since I'm not a professional on Wall Street, I am going by the "limited" data that I have, and my gut feelings. By the way, my data is a combination of fundamental and TA information. Each investor must make up their own minds...however, I'm still holding. Stock Bull