Bob Brinker: Market Savant & Radio Host Message Board

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

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To: geode00 who wrote (16792)	10/3/2002 1:56:03 AM
From: Tim Bagwell	Read Replies (1) of 42834

Bob's advice to exchange into XLK was just simpleminded bungling of an already mismanaged trade. But you might as well underscore Bob's inability to see the oncoming decline of interest rates also. So, in effect, Bob also chose the worse trade of MMF versus bonds. In fact, in 2000 he was so confused about the oncoming bear, that he never considered bonds as a better vehicle for parking short term money. Once again, he wrongly tried to apply bull market reasoning in a bear market and held his cash as short term stock market reserves now earning near zero. He knew full well that the shortest expectation for a bear market cycle was 18 months. He never saw the crash of MMF rates coming. I mean, what has Bob gotten right in the last 30 months? His spectacular mishandling of the Q's demonstrates that he should not even be giving advice much less charging for it. I used to give Bob credit for his confidence in tough market climates. Now I think his finely tuned lens was nothing more than a piece of plate glass.

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