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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: paulnewmanhero who wrote (42669)2/21/2009 7:09:53 PM
From: octavian3 Recommendations  Read Replies (2) of 42834
 
<<Brinker has not only failed to sell over the last 18 months, he kept recommending to buy in at various levels. So not only was he wrong to not sell (perhaps frozen hoping), but he was kept saying that new lows (1450, 1300, etc.) were buying opportunities for new money.>>

--Right. I think his philosophy is, once you blow it and get sucked into a bear market, you have to ride it out.

In HINDSIGHT, he could have gotten out even at the end of '08. But that's hindisght.

If you get out now, you run the risk of selling at the bottom and compounding your problems.

Apparently, his model is still bullish. Surely, valuations, sentiment and interest rates are all bullish.

So if he said "sell" he would not only be going against his model, he would be risking selling at the bottom.

What is YOUR exit strategy? -:)
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