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: Market Savant & Radio Host

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: wooden ships who started this subject3/13/2001 12:28:23 AM
From: adad69  Read Replies (2) of 42834
 
When Bob gave his turning point opinion and became negative on the market, he was really saying get out. Not remain 20 or 40% invested. He did not want to do that because he was afraid of making a mistake by being
totally out. It was clear to me I read between the lines and cashed out. The real fact is, he is not a market timer
but one who got lucky and made the right call for the past five years.


This weekend he talked a little about the real estate bubble. What he is trying to say is that there are more serious implications in this area. Many of the people who purchased $500,000 or higher homes in the past three years will or already have lost them because of the wealth effect. The bubble in the real estate market is huge. A roaring fire that has to be continually fed with cash that many will not be able to provide.

In 1929 people had only 10 % down on stocks, this time around they have only 10% or less in their home. It
doesn't take a market timer to figure that one.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext