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

To: Kirk © who wrote (8119)	9/27/1998 6:21:00 PM
From: Karin	Read Replies (2) \| Respond to of 42834

I need an answer to this question: How was the US Stock Market doing from 1966 to 1982? Was that a great inflation period? Thanks for your help, Karin

To: Kirk © who wrote (8119)	10/3/1998 5:22:00 PM
From: Wren	Read Replies (2) \| Respond to of 42834

In his opening remarks, BB said that the test of the lows that he indicated was needed happened. He said that the test to prove July31/Aug1 was the low had three parts: That the averages trade near the lows but do not break thru That there be significantly less volume on the test than when the low was set That there be a reduction in new lows. Both the DOW and Nasdaq traded near the lows. The volume on both the DOW and Nasdaq was 25% or more lower on the test. On 8-31 there were 1183 new lows and on 10-1 there were only 310. He said this put in the 1998 lows and set the stage for a rally which could begin anytime. BB also said there may be residual testing and probing this month. He said that there had been about 56% bears during the past several weeks and that was also a sign of the bottom.