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

To: Skeeter Bug who wrote (8357)	10/13/1998 10:37:00 AM
From: Jeffrey D	Respond to of 42834

Skeeter>>ps - i took issue with bob one thing. he said amat would not go under $25. i said it would. he was wrong. i was right. on this one issue. we still have a lot of downside left, imho. i expect to see the teens in both nvls and amat. it may take a while with many bounces, though.>> Skeeter, in regards to Bob saying AMAT would not go under $25 perhaps I missed that part or chose not to hear that part of Bob's radio show. I suppose I could go through the show archives but I will choose to believe in your memory of it. I'll give you another issue I think Bob was wrong on. Didn't he say a couple of weeks ago that the bottom was reached and although there might be some new testing of it we would go up from there? And didn't the S & P go below the 20% mark {at least intraday} last week making the Dow the only indicator of the big three {Dow, NASDAQ and S&P} not going below the "bear market" level? Obviously, if we go up from here this is a minor issue but it is something that makes me unwilling to fully believe we have a "gift horse" buying opportunity here. Jeff