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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Wally Mastroly who wrote (1351)10/4/1998 8:26:00 PM
From: Math Junkie  Read Replies (2) | Respond to of 15132
 
Here is some more on Bob's outlook from this weekend (tried to link to this post from the other thread, but can't find the URL for some reason):

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.