Elan Quatro said:
<<I am certain that I speak for the group when I say that we are waiting with bated breath for YOUR "logical" explanation as to why the backboneless one continued to give NO advice or BAD advice.>>
--Since queen has not yet answered this question, I will do so, since I (unlike the bashers) believe in answering all legitimate questions.
IMO, when the QQQs continued to fall, brinker realized that his experiment with short-term timing (predicting 'counter-trend' rallies) had failed. It WAS, in my opinion, an experiment on his part.
Based on things he said on the radio and in the newsletter at that time, I believe he spent a lot of time researching past bear markets in an attempt to figure out how to predict these things, using TA.
Anyway, once it failed, he then simply realized he had no clue when a counter-trend rally might start. IMO, this was all COMPLETELY DIFFERENT from his long-term timing model.
So, bottom line, he realized his methodology had failed,and he realized he could not predict CTRs. So, he could not issue a sell signal, because he could not know or have any idea at all when a CTR might start.
I'm sure, in my own mind, that he feared a CTR would start as soon as he issued a sell signal.
Obviously, he should have sold out at some point. But he chose to just issue a "hold for future recovery" and hope for the best.
OK. I hope I have laid to rest the ridiculous charge that I am a shill. But I know I haven't, because on this board, anyone who doesn't bash brinker constantly is called a shill. |
