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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer

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To: queenleah who wrote (2027)3/18/2008 11:58:16 PM
From: Honey_BeeRead Replies (1) of 2121
 
Queen said: "...but how can we agree that either was too bullish for the year..."

I don't know about Abby, but I do know about Brinker, and he was a raging bull as we entered the year. He was spouting that the November correction had "restored" health to the market, and that the market was "favorable" as we entered 2008.

Yeah, right...it was favorable for about one week. LOL!

And don't forget he did away with the "secular bear megatrend" last June (saying it had ended the year before). So if we are not in a secular bear megatrend what does the leave? And we know he's short-term and intermediate-term bullish.

So it's safe to conclude that the man is a bullish short, intermediate (oops) and long-term -- right now at least. He may have to change everything and start over if the market doesn't follow his latest plan.


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