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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer

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To: Math Junkie who wrote (2056)3/30/2008 4:04:13 PM
From: davidk555Read Replies (2) of 2121
 
Well Math, you have been around as long as anyone so I am sure you are familiar with Bob's fantastic as well as horrible recommendations. I don't really have time right now to go back and put them all here, plus it might inflame some posters if I point out the bad stuff and it seems like there is some civility returning to the board which I encourage. But to give you just one example using Bob's market timing, I think you would agree that Bob taking 60% out of equities based on the market's close on December 31, 1999 was a fantastic call (later increased to 65% cash reserves in August 2000). And I think Bob recommending that people put up to 50% of those cash reserves raised which could be up to one third of an entire the portfolio into the QQQQs at $83 in October 2000 was a horrible recommendation.

I won't have time to post the rest of the day though as I have two newsletters to write now! - David
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