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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Nazbuster who wrote (15929)	3/1/1999 9:17:00 PM
From: timers	Read Replies (1) \| Respond to of 122087

I didn't like Brinker until I found out he is always right. He is calling for a correction in the dow and s&p and recommends taking any money off the table that would put you over the 4% allocation in any one stock. This would mean taking profits. He says this correction is necessary for the market to go on to new highs. If the market doesn't correct, but trades sideways for a month or so....he says he would be EXTREMELY worried about a much larger correction than what he is calling for now. He sees no reason that the correction is over...the dow and s&p are only down about 3% from their highs... although the nasdaq is down around 9%. He is calling for an outright buy, (no dollar cost averaging) at s&p 1150. Take a look at the chart and imagine what an s&p 1150 will do to the nasdaq. I used to say hogwash when I heard him. In my experience though, he's always been right and I've been wrong. At the correction bottom last Oct. he said that "you cannot afford to be out of the market for even 1 day, and you should be 100% invested NOW." I couldn't believe he was telling people to throw ALL their money at a dow 7500-7800. Well, within a few days, OFF SHE GOES. This is only ONE instance of the accuracy of his GENERAL market timing that I have seen. Apparently he has the number 1 market timing newsletter. ?? Could be shorting heaven coming soon....FULL SPEED AHEAD. But if it happens, we will all need a gameplan. That's why I was thinking the leisure sector.