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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: joefromspringfield who wrote (37536)8/2/2008 9:44:15 AM
From: gronieel  Read Replies (1) of 42834
 
"You have to hunt around to learn that Kirk's explore portfolio was DOWN double digits last year...."

...And guess whose portfolio is DOWN double digits so far this year. Right it is Bob Brinker's portfolio 1. As of today's close I calculate that it is DOWN 12.2% YTD...
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Joe, I think you missed the point that Kirk's explore portfolio was down double digits in an UP market.

And it's not the first time either. If you really poke around you can see that Kirk's explore portfolio was also down in 2004 while the total market was UP DOUBLE DIGITS.

That's two of the past four years when Kirk's explore portfolio LOST money but the market was UP!

So you see Joe, it's not a question of losing money in a lousy market...it's losing money when the overall market is going UP.

I just don't understand how that happens when you take MASSIVE PROFITS all the time, usually near the top.
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