Bob Brinker is not on Moneytalk today. Bill Flanagan is on.
Bob Brinker is on record saying he did not expect this correction. How much has the stock market declined so far?
.
I posted this on Kirk's Facebook Brinker Discussion Forum: "The Dow had its worst week since 2003, I'd sure be interested in knowing what the percentages are now."
.
Kirk Lindstrom replied:
.
"I am working on this spreadsheet to put the numbers in with words to post. Hopefully there are no mistakes: Correction Statistics for 02/08/08 S&P 500 Chart (Using Intraday prices):
.
http://home.netcom.com/~kirklindstrom/Charts/SnP500.html
.
Last Market High 10/10/07 at 1,576.09
Last Market low 01/23/08 at 1,270.05
Current S&P500 Price 1,331.29
Decline in Pts 244.80
Decline in % 15.5%
Max Decline 19.4%
This means the correction from intraday high to intraday low is 19.4% and we are currently 15.5% off the peak.
The decline from the high to the low on a closing basis is 16.3%.
.
DJIA Chart (Using Intraday prices): http://home.netcom.com/~kirklindstrom/Charts/DJIA.html
Last Market High 10/10/07 at 14,198.10
Last Market Low 01/22/08 at 11,634.82
Current DJIA Price 12,182.13
Decline in Pts 2015.97 Decline in % 14.2%
Max Decline 18.1%
This means the correction from high to low has been 18.1% and we are currently 14.2% off the peak.
The decline off the high on a closing basis has been 15.5%"
.
Subscribe to:
Post Comments (Atom)
11 comments:
Hey Honey, what's the deal with this here Money Talk Show?
It seems Blinker has been AWOL half the time so far this year.
They're gonna half to rename the show The Bill Flannigan Show.
Do you think Blinker is gonna bail out of radio if the market gets much worse?
Given the economic situation and insane levels of debt it looks like the market could dive much further and if it does I think we're gonna have to put Bob's face on a milk carton to find him.
Quis asked: "Hey Honey, what's the deal with this here Money Talk Show?"
.
LOL Quis....I've said for some time now that Brinker has already retired, but just hasn't told anyone yet. 8^)
Many listeners don't care for Flanagan, and listening to him can often be like watching paint dry, but at least he seems to be forthright with his opinions of the stock market.
My sincere apologies to all the readers who are interested in discussing Bob Brinker here on my Blog.
.
The repeated childish attacks by some of Bob Brinker's supporters are designed with one thing in mind -- that is to stop the free exchange of dialogue on the subject.
.
This type of harrassment and attempts to demean anyone who dares to objectively post the facts about their hero has been going on for years.
Honeybee, this is the real octavian. I am just wondering if you are getting the results you expected on the Bob Brinker poll??
Octavian...the poll isn't over yet.
Bob was not on yesterday - oh my goodness, how will we know what to do? Where oh where is Bobby BrinKer? Oh where oh where can he be, with his tail between his legs......
Firstly, allow me to congratulate you on the much needed maintenance.
Sweep-sweep......................all the dirt away.
:----)
Thank you, MrPig...I hired a new "housecleaning" service. They do a very thorough job of taking out the trash.
Anyone commenting on Brinker ALERT?
Dan said:
"Bob was not on yesterday - oh my goodness, how will we know what to do? Where oh where is Bobby BrinKer? Oh where oh where can he be, with his tail between his legs......"
--Dan, now that brinker has posted a bulletin, are you going to apologize to him? LOL
while you're hanging around here maybe you could clean up that other dump while you're waiting.
my god with you and the pig both there you would think you could tidy the place up now go zap this...
www.forexlane.com : The leader in forex education and Tools
Post a Comment