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

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From: Tim Bagwell12/29/2004 5:21:35 PM
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Jerry, I think it's commendable that you stick up for Bobbler. I used to do it years ago too. But, if you take a step back and think about this rationally, you have to come to grips with a belief that a radio talk-show personality has some magic formulae to time the market. The guy spends a few years in investment banking and a lifetime in radio and comes away with the magic? How does that happen? It just doesn't pass the smell test. Does it?

What I think is far more realistic assessment, and one I now believe, is that Bobbler is, at his roots, a high-stakes gambler. Like any good card counter, he's found a few tricks to use in knowing when to hold and when to fold. If he has a good heart at all it's that part of him that wants to try to help the guy in the next seat make a few bucks.

But, if his count gets off and the guy he's trying to help loses his shirt, Bobbler be lost in the crowd faster than you can say, "I'm out!"
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