Bob Brinker, Moneytalk and Marketimer Message Board

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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer

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To: Kirk © who wrote (1589)	10/14/2007 4:39:24 PM
From: Honey_Bee	Read Replies (1) of 2121

Ding, ding, ding! I notice that both Kirk and David give Brinker a mulligan on his THIRD call for a stock market "countertrend" rally that never materialized: In March 2001 Marketimer, Bob Brinker admits that he was "wrong" in October 2000 and January 2001, but amazingly, predicts a THIRD "bear market rally" for QQQQ in March 2001--to "begin shortly" and lasting "three to six months." . March 7, 2001, Marketimer: begins with Bob Brinker admitting that "we were wrong in our earlier expectations that a countertrend rally would develop late last year...." He then admits that even his call for a new bear market rally beginning on January 3 "was unable to sustain upward progress in February." In spite of these admissions of being "wrong," in the same issue of Marketimer, Bob Brinker again made the following recommendation to subscribers: "In our view, the probabilities favor a three to six month bear market rally phase beginning shortly. Such a rally has the potential to carry the Nasdaq composite Index above the 3000 level by spring or summer as measured from the closing lows." (March 1, 2001, QQQQ closed at $39.15)" .

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