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

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To: geode00 who wrote (12824)3/6/2001 10:52:21 PM
From: BigShoulders  Read Replies (2) of 42834
 
Re: "Is there a pick by Bob that has been dropped when it kept going down. He seems wedded to an idea no matter how bad it turns out."

Montgomery Emerging Markets dropped from model portfolio in mid 98 during continuing decline in emerging market. (About 3/4 of the way down) Missed the big rally in emerging markets in 99.

Price New Asia was dropped from model portfolio in mid 97 just before the Asian collapse. That change was before the collapse which is obviously a much better call than waiting to sell near the bottom.

Re: "If so, (wedded to an idea) I guess it's safe to say the QQQs will be a part of the MT until they actually get north of 75 no matter how long that takes. "

It's not so. (See first response) Also, he has regularly pulled funds from his recommended list for under performance or expected poor market conditions.
I think Bob tries to make recommendations based on his assessment of current conditions and expected fund performance, not based on what the price of the fund was when he made the original recommendation.
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