The Justa & Lars Honors Bob Brinker Investment Club Message Board

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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: MrGreenJeans who wrote (6845)	7/17/1999 6:32:00 PM
From: lifeisgood	Read Replies (1) of 15132

Bob is hedging and, in the event of a significant (and unpredicted pullback), he can repeat ad nauseum how he stated back in July how overpriced the market was and how all his listeners should have known about the pullback as he was predicting it all along... He did this last Autumn too when he couldn't bring himself to admit he blew the call. If you recall, after the market began sliding, he predicted only a minor correction though it turned out to be ~20% pullback. Afterwards, he claimed repeatedly that he knew all along it was coming and that prudent listeners should have known as well. My take: Bob is nervous recommending a fully invested position but is even more afraid (as he was last Autumn) of predicting a major pullback. So he hedges. He's covered either way and can say "I told you so" no matter what happens. Those who have listened to Bob for any length of time should know that he does that. That's why he has never predicted a bear market and never will until after the fact (just as he refused to call an "intermediate correction" until after it already transpired last year). JMO. Always make your own decisions. Always. best... LIG

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