Bob Brinker, Moneytalk and Marketimer Message Board

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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer

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From: InvesTing	12/18/2007 3:02:22 PM
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For those of you who listened to Brinker this last weekend, did he brag about his call several months ago for a gift horse in the mid 1400s? In a couple of the moves since then I've seen some of his proponents yelling and screaming about what a genius the guy is for having "hit" the mid 1400s call. I've also seen posts about Brinker taking credit for this mid 1400s call when the market was higher. My wager would be that Brinker and the Brinker braggards that sometimes inhabit the internet have not been bragging so much on this call. :) Why anyone would have believed it had any real validity in the first place is beyond silly. Brinker had no more of an idea of the future of the market than any of the talking heads. His game of hiding some calls and bragging on others is not evidence of anything but a marketing plan. Now if Brinker were this savvy guru that could predict the future he would be able to have forecast this housing bubble/ credit crisis which if we are to have a recession will indeed be the major cause. In fact I think Brinker became more bullish on real estate as the bubble grew rather than less so. If we are to enter a recession I am certain that Brinker will blame the mortgage lenders and the funds that packaged the loans and the government and claim that nobody could have forecast it. It reminds me of his very slick (though bogus) words to describe what a great entry point he picked for gold LOL. So you know that Brinker has no clue what the economy will be doing at this time next year. He has nothing but a wildassed guess as to what the interest rates will be. He has no iota what the political makeup of the nation's government will be. Yet there are a dwindling few that think he does know these things and is not playing the same parlor games that fortunetellers and mind readers play all the time. If you talk in generalities, position yourself for success and spin anything that you can spin that doesn't go along with the success you can fool some people into believing you are a seer. Does anyone have a date of Brinker's "mid 1400s" call? Does anyone truly believe it was an invaluable call based on the fact that the market has been at or below those levels many months after the call? It's fun to watch people rationalize this game.

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