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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: lifeisgood who wrote (6849)7/17/1999 7:50:00 PM
From: Justa Werkenstiff  Read Replies (2) of 15132
 
LIG: "He did this last Autumn too when he couldn't bring himself to admit he blew the call."

Totally false.

Re: "If you recall, after the market began sliding, he predicted only a minor correction though it turned out to be ~20% pullback."

He predicted a 10% correction plus or minus a few percentage points and it turned out to be greater as he admitted on several occasions.

Re: " Afterwards, he claimed repeatedly that he knew all along it was coming and that prudent listeners should have known as well."

Totally false.

And this is not my opinion; these are the facts.

Re: "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)."

You obviously think Brinker is some kind of charlatan. You are entitled to your opinion but take it to another thread. Not here. Look at the thread introduction. The prerequisite for posting here is a fundamental respect for Brinker. Also, another prerequisite is to listen to the show. You are obviously an infrequent listener at best or only hear what you want to hear.

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