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

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To: BHaulman who wrote (1019)7/26/1997 10:26:00 AM
From: mister topes of 42809
 
You have again posted false information on this thread. Brinker
said repeatedly in April when he recommended buying into the
market under Dow 6600 that a rally to record highs would start
during spring and carry to historic new levels. He specified
this would include the Dow, the S & P and very possibly the
Nasdaq. He was right on all counts. As for his prediction
regarding 9000 in 1997, what difference does it make. Why
should investors expect the market to rise at a 24% annual
rate between now and December anyway? I have heard of greedy
investors, but this is ridiculous. Why not just predict Dow
100,000 in 1997. I am sure you would find some takers. Perhaps
Greenspan was correct when he spoke of irrationally exhuberant
investors. Besides, as long as Brinker remains fully invested
what difference does it make whether 9000 happens or not?
Would anybody complain if the market trades through the
eight thousands but does not make it to 9000 in 1997? I don't
think so. The key is to be on the right side of the market
as Brinker as been since Dow 2300 in 1990. That is where the
money is made. So far it is more than a triple in the nineties.
As for Bruce Williams, his credentials as a money manager and
market expert are zero. He has no background in these areas and
has wisely chosen general backyard over the fence type advice
for his listeners and has always emphasized he does not do a
financial advice program. As a contrary indicator, however, he
may be very good. Personally his program bores me to tears.
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