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

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To: Kirk © who wrote (28229)1/28/2007 10:17:46 AM
From: shres  Read Replies (2) of 42834
 
Speaking of ambiguous newsletters, Kirk eschews market timing...hates it, calls it snake oil but he says a tiny bit is OK I guess....

"My newsletter expolore portfolio, that uses no market timing except for a TINY percent..."

BUT, Kirk says he made a ton of money buying the dips and selling the rallies. Kirk says that's not market timing but asset allocation...got that? He allocates between cash and stocks. Other folks call it buying and selling.

In fact Wade Cook calls it the rolling stock method.

Kirk always makes ton of money on a TINY investment...

"I made quite a bit of money on counter trend rallies and actually showed a gain for 2001 in my newsletter by taking profits in the rallies and buying the declines."

Kirk has also chosen to use the QQQQs as a "benchmark" because he thinks it's easier to beat.

In fact he says...."I think QQQ was designed to short..."
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