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

To: wooden ships who wrote (7455)	8/31/1998 4:15:00 PM
From: Diamond Jim	Read Replies (1) \| Respond to of 42834

Truman, I hope this all works out. I wanted another opportunity to hear Bob call it a correction. I actually did quite a bit of buying to day but still sold more in terms of $ than I bought. I watched last year when the market dropped 500 points but as we all know this 500 on top of a 13.7 previous correction, this was big. I don't know what stops it, Bob listed the 5 things required to be in a bear market, I just wonder if it can only take one if the 5 to cause it. The high valuations certainly were present/are present compared to historic levels. This weekend Bob had a caller question the possibility of a fall back to historic valuations. I think Bob's answer was that it could happen but he does not see it on the horizon. Can you imagine DOW 2900 again? At this rate we will be at 5500 by Friday close. jim

To: wooden ships who wrote (7455)	8/31/1998 5:26:00 PM
From: Mr. BSL	Read Replies (2) \| Respond to of 42834

As I recall it, Bob said that if no closing average is more than 5% below the low end of the benchmark low range then his model worked. I believe that 5% below the low end of the Dow benchmark low range is in the 7950 area. In his defense, a model that gets you in around Dow 2350 and out at todays close is not too shabby. The bad auto sector news in the fall of 1982 marked the bottom of that sector. People melting down their silverware marked the top of the 1979 silver run. The birth of a second BB thread marked the passing of the model! Peace and Profits

To: wooden ships who wrote (7455)	8/31/1998 10:21:00 PM
From: wooden ships	Read Replies (1) \| Respond to of 42834

In re: Fed interest rate relief. The haunting scenario that courses through my mind lately is this: what if Greenspan lowers interest rates and the market does not rebound, or worse, con- tinues its plunge, the interest cut having already been factored in? Then what? Would such a circumstance further un-nerve investors? In other words, if Greenspan's now widely anticipated interest rate cut doesn't do the job, does our plain speaking Fed Chairman risk even more than he might gain with said cut?

To: wooden ships who wrote (7455)	9/1/1998 9:40:00 AM
From: Cynic 2005	Read Replies (3) \| Respond to of 42834

Truman, in search of some intellectual stimulation I hop among many threads on SI, read a lot of material and (used to) listen to Bob. I would like to call myself an independent thinker. While I welcome input from all sources, I do not like to idolize any person as my Guru. (No offense to any particular person on this thread.) The hardest thing for me to do is to express admiration to Bob's knowledge and wisdom and, at the same time, express my disagreement or resentment towards some of his opinionated and name calling orgy on the radio. While some on this thread preferred to call it entertainment, I don't understand why anyone would tune to a "Money Talk" show for entertainment! Any how, some on this thread have been very vocal in defending Bob against some of my remarks. I am not here to declare victory, rather, I am here to urge the importance of "openness" in thinking. I am putting together a summary of my thoughts about Bob. You may disagree with me, but it won't hurt to read them with an open mind. BTW, I stick to the comment I made earlier - "Bob Brinker has been right thus far for the wrong reasons." What propelled the stocks higher is the bubble effect, not mere fundamentals. #reply-575928 #reply-3763841 #reply-4528862 #reply-4533725 #reply-5534676 I strongly believed that Bob will definitely give one wrong call at the wrong time, that will tarnish his image in a big way. But, I never stuck my neck-out on any of his calls except for the one a couple of weeks ago, which you summarized as: #reply-5565128 I voiced my disagreement on his most recent call in: #reply-5572158 #reply-5575586 #reply-5601126 As with Bob's latest buy signal being very wrong, the jury is still out. But, I personally feel vindicated from the allegations made against me on this thread by some blind followers of Bob. -MMV