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: Cynic 2005 who wrote (1647)	10/10/1997 11:50:00 AM
From: Gary M. Reed	of 42834

Mohan, <<< It is no surprise that an average investor who has the good fortune of making money in this manic bull market thinks of himself as a genius. It is easy to pick-on some one who is wrong. But remember one thing, when an extreme bear is right, it is not going to look pretty.>>> Your point is well-taken. However, guys like Metz have been wrong for a long long time. You can bet your bottom dollar that when the market finally dumps, these guys will be right there saying "I told you so..." If, though, the market does dump, does that make them geniuses? Absolutely not. Had you taken their advice, you would have missed out on the greatest bull market of all time. So what if they finally correctly called a bear market--they've been bearish since Dow 5000. If you cry "bear" long enough, you'll be correct somewhere down the line--think of it this way--even a broken clock is correct twice a day. Gary

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