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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer

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To: davidk555 who wrote (2084)4/2/2008 7:50:00 PM
From: octavian of 2121
 
david k. said:

<<I think Bob believed we were in a secular bear market and a cyclical bull market within that.>>

--Thank you. I have no doubt he believed it. The people who say it was just a marketing tool are bashers whose only goal is to make him look as bad as possible.

<< The change in his position on the secular bear market was strange in many ways. First, he burried it in his newsletter, and then never spoke about it again on the radio.>>

--Yes, it WAS strange.

<< That bothers me because it was such a major tenent of his thinking and timing.>>

--It doesn't bother me at all, because I understand him. He is the type of person (and I have known more than a few others just like him) who will do almost anything to avoid ever admitting he was wrong about something. I don't think it has anything to do with his newsletter business. I think if he made a wrong prediction about a football game to a friend he would do the same thng.

<< Remember when he made the change we were waiting for him to talk about it on Moneytalk, and some posters here said he wasn't going to talk about it for a couple of weeks because he had just published it in hisnewsletter. I think you were the poster who actually first said that you didn't think Bob would talk about ever again, or something to that effect. You were proven right.>>

--Yes I WAS proven right! -:) The fact he buried it so well in his newsletter was a dead giveaway. I *knew* then that he would simply STOP MENTIONING IT on the radio, rather than admitting he was wrong.

<< And yes, it bothers me that he has chosen to clam up about it simply because he was wrong in his prediction. He has never learned that his audience can learn from his mistakes to, especially if he goes through the analysis.>>

--Again, it doesn't bother me. But I certainly agree it would be much better for his subscribers/listeners if he was more open and forthright. I WOULD like to know all the reasons for him changing his mind on the secular bear theory.

BTW, you have NO comments about ANY of my points in #2081?
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