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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Math Junkie who wrote (12281)2/22/2001 7:18:33 PM
From: geode00  Read Replies (2) of 42834
 
Sigh, I thought you were recovering but now I see it was just a facade:

The discussion in MT is an accurate summary of what ACTUALLY HAPPENED in the market. It would be strange indeed if he claimed there was a CTR when there wasn't

Wouldn't the normal thing be to inquire about where that CTR disappeared to? He didn't even address it. Don't you think that is extraordinarily strange when it was such a big deal in the three prior months? It even warranted that special undated bulletin which was a big deal.

The error was that QQQ went lower than he forecast. He admitted that it went lower than he anticipated. Sounds close enough to me. I guess you want to see him in sackcloth-and-ashes. If so, I predict that you will be disappointed.

The error was that he did a very risky thing that went stunningly bad. Saying that it just went lower than anticipated doesn't even begin to address the situation.

Do you think he does or even should continue to believe in this stuff? If you had "market internals" that predicted a 20% pop in 2-4 months but saw (instead) a 35% drop in those 2-4 months wouldn't you question your strategy? Shouldn't you question it?

That would be logical and sane.

I don't care what happens to Bob.

I do care that others don't get the wool pulled over their eyes by people with motives I can't even imagine. I appreciate the great work that the guys over at Suite101.com do. They have facts, figures and convincing arguments. Unfortunately, I didn't find them until it was too late.
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