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: Honey_Bee who wrote (28397)	2/8/2007 5:32:31 PM
From: stockalot	Read Replies (2) of 42834

Great stuff on the Beehive. When did Brinker start claiming that a "secular bear market" doesn't end until the market surpasses the old highs by 10%? Indeed for the world at large the bear would end at the lows and the bull begin. If it passes the old highs then indeed we had a two year bear market and have been in a bull market since. I recall a long time ago that Brinker claimed that for him to be wrong the market would have to go 5% above the previous high. Now he's moved the goal post to 10%? What's next? 20% above the prior high? If this bull market goes above the old highs--there was no secular bear market. There was simply a significant bear market largely due to Brinker's favorite sector's demise that bottomed out in two years and it has been straight up since. There was no "secular" bear market in that case and Brinker is once again exposed as simply a bser. Unfortunately Brinker hung on tenaciously to the only sector that is still badly under water. Can you imagine investing a third of a portfolio in the QQQs and hiding that in your performance?

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