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

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To: dijaexyahoo who wrote (29208)3/14/2007 9:15:06 PM
From: stockalot  Read Replies (2) of 42834
 
Brinker claims he can predict the stock market. Bogle says quite pointedly he not only "does not know anyone who can consistently time the market but that he doesn't even know anyone who knows anyone who can time the market consistantly."

Think Bogle is to be believed or Brinker? What other person of Bogle's stature remotely sanctions what Brinker claims to be able to do well enough to have people pay him 185 bucks?

Brinker has a myriad of books on his website. Show me one that espouses marketiming as practiced by Bob Brinker or one that mentions Bob Brinker?

Brinker claimed throughout the late 90s that "if my model ever turns bearish I will get out of the market 100%. If there is a bear market nothing is safe --they even take the piano player so I will go to 100% cash. You can choose to ride out the bear market holding some stock but I will go to 100% cash".

The ONLY TIME Brinker ever went to 100% cash and claimed at the time of his move to be "bearish" was in 1988 and he was wrong to do so. There was no bear and indeed the market rose about 30% prior to him becoming fully invested again. 100% WRONG DIJA, the only time he went to 100% cash and said he was bearish.

In 2000 Brinker kept 40% in the market and claimed he was NOT BEARISH. He never significantly lessened his allocation when he claimed to be "bearish" months later and indeed sent the following letter to all subscribers to throw a large portion of the money they removed from the market at the QQQs trading at the time in the 80s. He held this position to this very day--THROUGH the worst bear market in many decades. He indeed time after time claimed that there was going to be a huge rally that would bail out this idiotic and poorly handled advice. He now hides the call.

Yet Brinker screens calls and cuts off the truth to promote the "CHARADE" that he alone is able to successfully time the market. Please tell me who he has claimed has ever done marketiming as he does?

ERGO I think any rational person would call the game a "charade". If you were charitable you would call it "experimenting with other people's money" and not being terribly candid with the track record. Indeed as we just saw the BJ group advertising leaves out the QQQ fiasco. That my friend is the way a charade is handled.

MARKETIMER is projecting a significant countertrend rally which is expected to be led by the Nasdaq 100 Index. We expect this rally to persist over a period of approximately 2-4 months, and to generate Nasdaq gains in excess of 20% from the vicinity of the recently established Nasdaq closing low point.

We view this projected Nasdaq rally as a significant trading opportunity for MARKETIMER subscribers seeking potential short-term capital gains. Our clear vehicle of choice for this opportunity is the Nasdaq 100, which is traded on the American Stock Exchange under the ticker symbol QQQ.

We recommend MARKETIMER subscribers with aggressive objectives invest 30% to 50% of existing CASH RESERVES in the QQQ shares in order to exploit this opportunity. Also, we recommend subscribers with conservative investment objectives invest 20% to 30% of CASH RESERVES in the QQQ shares in order to take advantage of this opportunity.

MARKETIMER will provide follow up guidance for this short-term opportunity in regular monthly editions, and, if necessary, in follow up bulletins.

We recommend subscribers interested in taking advantage of this recommendation act immediately."

Would anyone who could time the market successfully have to hide this advice???? What would you call such a practice by someone who sells themselves as able to predict stock market moves?

Now you can rave about the touchy feely stuff. You claim that his jive gave you the spine to not follow his advice but to be very much more risk tolerant than he would have recommended for you. It worked because it was a bull market. You claim other marketimers worried you. The problem was that you were listening to a marketimer. That same problem caught people with the QQQs. That same problem caught people in the late 80s--imagine paying 30% on gains and then watching the market drop? So you see what Brinker claims is much different than his checkered career. You saw Brinker claiming on the net to have made a ton of money on STII. He knew and it was pointed out that he had recommended it when it was about double the price than the second time he recommeded it and was dishonest in berating posters who knew the story. That is a CHARADE.
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