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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 (7699)9/6/1998 1:59:00 AM
From: DD™  Read Replies (2) | Respond to of 42834
 
Interest rate reduction would have a mildly bullish impact on the equities markets.

The real problem I see is global deflation and widespread recession, stemming from Y2K, Asisan Contaigen, Russian Bear, Persian Gulf crises, and domestic political tumult. These influences will more than offset Greenspan's monetary policy intervention.

October is now commonly known as the month of mayhem, as defined by last yeas carnage, 1987, etc. etc.

It would not surprise me to see Dow 6900, which is another 10% drop from here. Look for a resumption of the bull market when we get several successive days of advances.

Confirmation of the advance needs to occur, and that is defined as a 1%+ advance in the Dow and/or Naz on heavy volume anywhere between Day #4 and Day #10 of the rebound.

DD



To: stock bull who wrote (7699)9/6/1998 3:35:00 AM
From: Sonki  Read Replies (3) | Respond to of 42834
 
today Bob trashed Dell for the wrong reason. book value? CALL BOB and
explain to him how Book value has very little to do with stocks
like msft dell etc.ere is a post on dell thread re: book value.
exchange2000.com

From last correction he was sure that dow/sp would come but he was not sure we would see new hi on Naz. Well guess what
NAZ/NDX has been best the performer.

Bob also makes many refernces(advertisements for Barrons) to BEARons.
He needs to also mention articles from IBD etc. or he neeeds to
let people know what ever his associations are with Barrons.

Also ask him what should his listener do if market falls to 25% corrections ?? would you borrow mony to put in the market? If u
r a bob follower u would have already "bot" the market therefore u
should not have mony for $ cos avrg now.