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


To: david siple who wrote (8149)10/3/1998 4:55:00 PM
From: Jim S  Respond to of 42834
 
Attaboy, david! You pegged it. If there was an answer to your question, then ol' Bob might not be able to crow about how great a prognosticator he is six months from now.

Y'see, the point is, is that he is always right, no matter where the market is. And, it doesn't even depend on what your definition of "is" is. <VBG>

jim



To: david siple who wrote (8149)10/4/1998 8:01:00 PM
From: Math Junkie  Read Replies (1) | Respond to of 42834
 
Bob is enthusiastically bullish at the present time. Says this is an excellent time to buy, due to low interest rates, low inflation, slow economic growth, and low percentage of bulls (as a percentage of bulls + bears). He regards Thursday's retest of the lows on 25% lower volume as being sufficient to set the stage for the market to go on to new highs in the next six to twelve months. He says that further re-testing is possible, but he thinks the rally will start sometime in October.