Bob Brinker, Moneytalk and Marketimer Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: octavian who wrote (1854)	12/19/2007 8:10:23 PM
From: InvesTing	Read Replies (2) of 2121

Poor Octavian. You asked if anyone saw this coming did you not? I gave you an answer and you dismiss it and like the tin god Brinker hedge to "not many saw it coming." LOL soooo predictable. << InvesTing said: <<Yes, I believe the guy, Gary Shilling did and is still saying it is going to end very badly. While I don't carry a brief for him either, when he would be on Kudlow talking about how this would play out, he would be told by the other people there speaking like Brinker "the economy is fine". They would then say "and this will be confined to the subprime"--and he would "no it wont". Well he was absolutely correct in spotting the bubble before anyone that I know of...he was absolutely correct in saying it was a very very big deal in the credit markets before anyone I know of....and we can only hope he is wrong about the dire consequences he claims will come as this spills over. Now I hope he is wrong...but certainly he has been correct to a fault thus far. Brinker didn't see any of it coming and was very dismissive of the dangers that much brighter people have recognized.>> --LOL! Do you know ANYTHING about Gary Shilling?! The guy is nothing but a doomsayer! His opinion counts for NOTHING to anyone who knows about him. The bottom line is, very few experts saw this coming.>>" Now I think Shilling is full of himself and certainly wouldn't buy a newsletter from him or take his advice. I also think he is one whole hell of a lot brighter than Bob Brinker and it's obvious that the financial press thinks so as well. I don't see Brinker writing in Forbes or invited regularly on CNBC. Indeed I doubt that most people in the financial markets know who Bob Brinker is ---and many more would know the Shilling guy. I don't know the record but a stop clock is right once in a while. Indeed Brinker has tried to go to less than 100% invested only twice in his career. The one time he was unequivocal and totally bearish at the time of making the call--he was 100% wrong and anyone following him paid a substantial price. The other time he hedged his bets and was wishy washy and afraid to claim he was "bearish" until months later. And shortly after claiming he had been bearish he took up to half the money that he had taken out of the market and bought QQQs in the 80s. As you know Octavian your boy Bobby never closed out that trade or reduced his allocation so that many following his advice were 70% invested in the worst sectors thorughout the bear market. Now I haven't followed Shilling and he could well be wrong this time. I sure hope he is. But I've watched guys who make Brinker look like a real lightweight in financial circles claim he was all wet when he said that housing was in a bubble that would bring down the economy. I watched the same sorts --all much more credible and well known than Brinker claim that the only problem was sub prime and it would not spread beyond that. To this point Shilling has been 100% correct. A lot smarter and more well respected pundits than Brinker have been wrong. I think the Fed and the Treasury dept didn't understand the depth of the problem as well as Shilling apparently did. It appears that Brinker never had a clue about any of this. If you didn't see this coming--if you don't understand it's magnitude--then obviously you were unable to predict the market movement. On the other hand if Brinker were smart like Shilling on this matter can you imagine how much money one could have made shorting Morgan Stanley, CountryWide Citigroup etc? You may be right and Shilling is a dope. But it appears he's brighter than Bob.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next