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

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To: geode00 who wrote (16774)9/23/2002 5:42:04 PM
From: Kirk ©  Read Replies (2) of 42834
 
Didn't he also say to callers in 2000 after the market was down about 10% from is 65:35 call that he couldn't recommend selling now since the market was already down?

I'd be curious why the model warned to go to 60:40 then 65:35 but didn't continue to warn of a coming 20% decline even after the market was down 10 or 20%? After all, the SPX is down over 40% from the peak. Does it only flash once? Unless you listened and acted near the peaks, which were good calls, most others were advised to wait it out just like the QQQs. Add his telling people to hold QQQ for a rally and I'd think most listeners were frustrated. Maybe that is why they decided to sell and are now happy? They just didn't understand it all and got out? I know a few lucky souls like that who never even heard of Brinker. :) They just got fed up with Enron and the collapse and capitulated very early in the Bear and thus still have a good sum of cash to invest if they ever buy a stock again.
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