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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Rillinois who wrote (12434)2/27/2001 11:57:39 AM
From: Boca_PETE  Read Replies (2) of 42834
 
Rillinois: RE: "sad that... he has gotten entangled in attempting to profit from a bear market CTR"

This point is right on, especially since I remember him saying "the most important thing in a bear market is to preserve capital".

However, hindsight is always 20/20. Last May, the CTR1 call was strictly or sophisticated investors and he called it using market internals almost to the day. I remember him making other successful calls of gift horse buy opportunities during recent years based on market internals. The first hint of things really going wrong was "the wrong road $84 stop loss" call. Maybe he thought that was a fluke. Then he successfully identified the top of CTR1 (first estimates for the end of August, and then refined to mid September).

I do not understand how he could know in advance of the so far disastrous Oct 2000 CTR2 call that his market internal analysis would not work. I'm not making excuses for the guy, but on the other hand I think he's doing his best. But it's like Kirk said - nobody knows what the market will do in the future. And the NASDAQ and QQQ beasts have proven to be unmanageable.

IMHO, just because he lost his stride recently does not mean he will not regain that stride. Can you do (or have you done) a better job anticipating market moves than Bob ? I know I can't no matter how much I try to apply quantum leap thinking to the markets and the economy.

FWIW,

P
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