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


To: Jeffrey D who wrote (7790)9/8/1998 4:09:00 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 42834
 
jeff, we are definitely in a bear market for the vast majority of stocks. saying we aren't when stock after stock after stock is down 30-40% plus is absurd. it is like looking at dell growing 50% and saying the pc biz is healthy when everyone else is eaking out 6% growth or less (btw, this is EXACTLY what they do).

as for advice, take brinkers'. he's getting paid. ;-) just make sure he has a position when he pronounces something like x will not go under y value and we are near y value. if he doesn't then it is indicative of a lack of confidence in his own call.



To: Jeffrey D who wrote (7790)9/8/1998 8:53:00 PM
From: mister topes  Read Replies (2) | Respond to of 42834
 
If you read the September 8 issue of Bob Brinker's Marketimer
you will see that Brinker has clearly labeled the recent decline
a classic mid-term off-presidential year correction. As has
been discussed on Moneytalk, this correction took the form of
an intermediate term correction of 19% which created the
major bottom on August 31 at Dow 7537. Brinker clearly
states that the only remaining pain in the market is a possible
test of the general area of the lows, but that other than
the possible test stock prices are heading to new highs
into 1999 with Dow 9500 and S & P 1210 as the current
targeted new historic highs. Hope everybody that wants to
join the party at new highs is fully invested!
Also, I checked the Hulbert figures and they are indeed correct,
Brinker has earned 18.8% annually for last 3 years, 16.6% for
last 5 years and 14.2% for last 10 years. Hulbert says so!