SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: davidk555 who wrote (2103)8/13/2008 10:50:57 AM
From: Kirk © of 2121
 
Posted elsewhere but worth reposting here:

"I keep laughing about Bob giving that buy signal at the top. Hey, did he say, "you can't afford to be out of this market for one day"????"

My Reply:

No. He said in Marketimer at 1526:

"Although we do not believe further weakness into the mid-1400's range must occur, we remain comfortable with rating the market attractive for purchase should any such additionalweakness occur. Above that price range, we prefer a dollar-cost-average approach for new stock market investing. All Marketimer® model portfolios remain fully invested."

in December he wrote:

“Marketimer subscribers have been able to add to position on this short-term correction based on our recommendation to view the stock market as attractive for purchase on any weakness into the S&P 500 Index mid-1400’s range. Any minor weakness below that level has been contained in the area of the August 15 correction bottom in the low-1400’s. Several excellent buying opportunities occurred during the month of November."

and

"We continue to believe that a bear market (S&P Index decline in excess of 20%) is not on the radar screen at this time. We expect the bull market to continue at least well into 2008, and we look for significant stock market gains, including new S&P 500 record highs."

You can tell when renewals for Marketimer are bad when my record is attacked. The recent attack here has inspired my longer reply where it will be read on Honey's Bob Brinker Beehive Buzz. Edited version for easier reading:

My critics whine that I’ve lost money on some trades just like Brinker, but at least I send my subscribers EVERY MONTH a summary of EVERY buy and sell I’ve given in my newsletter along with a short summary of what I learned from closed positions that lost money. I also send them a list of my yearly returns back to inception so upside and downside volatility is not a surprise. I don’t think Brinker has ever told his subscribers his P1 and P2 lost money in 2000, 2001 and 2002. I’d sure like to see Brinker step-up his disclosure and really help people.

I am sure he never told them this:

"Brinker’s fund selections on average have lagged the market. The HFD reports an 11.5% annualized gain for his “Aggressive” portfolio, which is 0.9 percentage points per year less than what this portfolio would have made if each of its funds were invested in the DJ Wilshire 5000 during the times they were owned.”
__ March 2008 by Mark Hulbert on Pg 3 of the March 2008 issue of "The Hulbert Financial Digest"
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News