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Non-Tech : Kirk's Market Thoughts
COHR 192.37-2.7%9:54 AM EST
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To: Gottfried who wrote (4186)7/15/2016 10:22:45 AM
From: Kirk ©4 Recommendations

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Interesting.
In acknowledging that this track record is “most impressive,” Sullivan added the appropriate qualification: “What has happened in the past does not necessarily translate into the future. Putting it another way, there is no such thing as a perfect indicator.”

Nevertheless, he said: “The only thing we have to go on is what has happened in the past.” And, for now at least, Sullivan is bullish on the stock market and recommending a 100% invested position.




Hulbert or Dow Jones decided to stop publishing the HFD newsletter. I subscribed just to get his performance rankings for the 200 or so he followed. In his last "I give up" issue, he pretty much confirmed that using his data to pick newsletters to follow was pretty much worthless. I argued with him privately that how he measured some of his "top" newsletters was flawed at best and possibly dishonest. He wouldn't follow me for what I believe personal reasons... I was highly critical of one of the newsletters he bent over backwards to promote in exchange for what I though was that newsletter talking about HFD to a national audience.

Anyway, nobody needs convincing these days that there were and still are issues of honesty on "Wall Street."
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