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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer

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To: TREND1 who wrote (1995)3/13/2008 10:50:42 AM
From: InvesTingRead Replies (2) of 2121
 
Pimping for Bob Brinker the poster Trend says:

" WOW ! Bob Brinker called this one right on the Money ! IMHO."

What on God's green earth are you talking about? Brinker has demonstrated he doesn't have a clue about this economy or this stock market.

Brinker goes about his business like a two bit fortune teller who makes a lot of nebulous statements and waits for one to be close to right and then brags on that one while never mentioning the others. Seems Trend wants to aid in the game.

A more accurate representation of this pickin and choosin was posted on Honey's great site.

"Bob Brinker According to Mark Hulbert
.
Bob Brinker's bottom according to what Mark Hulbert wrote in his
article this morning. Here is an excerpt:
.

"Technical support for the idea that the correction's bottom has been
seen comes from the market's diminished trading volume in recent
weeks. Bob Brinker, editor of Bob Brinker's Marketimer, the newsletter
with one of the best market-timing records over the last two decades,
explained why in the March issue of his newsletter, published earlier
this month:
.
"The process of establishing a stock market correction bottom has
unfolded in text-book fashion over the past two months. This process
involves the establishment of an initial closing low, followed by a
short-term rally, followed by testing of the area of the prior
established closing low on reduced trading volume ... The correction
bottoming process (over the past few weeks) has seen a significant
reduction in selling pressure in the vicinity of the Jan. 22 closing
low. This is a very important aspect of any successful test.""
.

marketwatch.com.
.

January 4, 2008 Marketimer, Page 3; Paragraph 1; Brinker said: "In
summary, the Marketimer stock market timing model indicates that
conditions are favorable for the market as we enter 2008" .......we
continue to rate the market attractive for purchase on any weakness
into the S&P 500 Index mid-1400's range."

.
February 4, 2008 Marketimer, Page 3; Paragraph Brinker said: "We
recommend a dollar-cost-average approach for new stock market
investing at this time. There are no changes to our model
portfolios." (Honeybee EC: model portfolios 100% invested.)
.
March 4, 2008 Marketimer, Page 3; Paragraph 5; Brinker said: "We rate
the stock market attractive for purchase on any weakness that occurs
in the area of the S&P 500 Index low 1300's, or any minor weakness
that occurs below that level."

. Now does anyone doubt that Brinker will be changing this to the "mid 1200's" or "low 1200's" should the market continue its decline? Of course he will. His whole game is buy the dips and be a little nebulous about it. How silly that anyone takes this seriously? Indeed Swedroe(sp) another impartial expert appeared on Brinker's show and said Marketiming was a dumb approach to investing.

Paying for this information is much like paying a palm reader. It makes weak indecisive people feel they have a crutch.
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