Bob Brinker: Market Savant & Radio Host Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Chris J. Horne who wrote (16742)	9/18/2002 12:05:08 PM
From: Tim Bagwell	Read Replies (3) of 42834

Chris, I know Bob's view on selling into weakness and I used to subscribe to it. That is, until I saw the utter fallacy of that line of reasoning. I have to wonder if Bob has any idea how wrong he is? Couple with that the fact that he knew this was a bear market and a little thinking ahead would suggest to even the most novice trader, that the probabilities favored a lower market eventually. A little thinking on Bob's part would have given his trading followers a chance to lessen their enormous losses. Add to this the additional fact that Bob has admitted -- much too late -- that he was wrong. That means he holds a trade based on bad information. Why would anyone hold a trade that they know, with certainty, was wrong, is wrong and will always be wrong? A seasoned trader would have exited this trade long ago and would be that much farther ahead of the game now. The rule that you don't sell at all into any weakness, only leads you all the way to the bottom in a bear market. In other words, it's a fools game. And the funny thing is that I have proof. What proof does Bob offer that his strategy is correct? None. He can't even bring himself to talk about it.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next