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

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To: geode00 who wrote (16694)9/4/2002 3:16:06 PM
From: Tim Bagwell  Read Replies (3) of 42834
 
>>>his latest definition, a 25%+ move in the S&P500 over a one year to three year timeframe<<<

You have to admit this is pretty amusing considering we just had a nearly 20% pop in the last month that Brinker totally missed. Now I'm supposed to believe that he will predict a 25% run over three years? I have trouble connecting the dots between those two.

I suppose he wont even call it until the market is well on it's way up. Well, while Bob is growing old waiting for his 25% cycle to emerge, good traders are making money out there.

The problem is that even a good amateur trader could tell the summer rally had a good chance of materializing. Plus, he didn't have to take on the enormous risk of trying to call a CTR on the downtrend like our rank amateur. On top of that, even with the risk a good amateur trader would have had in place a plan to manage the trading risk.

For me, every little CTR that Brinker misses is a stabbing reminder of how much he is out of touch with the market and how little he really knows about trading.
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