Bob Brinker: Market Savant & Radio Host Message Board

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

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To: joefromspringfield who wrote (38993)	9/28/2008 11:20:24 AM
From: Midwest_Investor	2 Recommendations Read Replies (2) of 42834

1) MI do you agree with InvesTing that we are in a bear market that Brinker fails to even admit? By definition, we are in a bear market. 20% or more drop in the SP500 from the highs. This is indeed a bear. In terms of whether or not Brinker admits this fact is impossible for me to answer. I cannot answer because I haven't heard each and every minute of his broadcast. 2) MI do you think we are likely to have a recession or do you agree with Bob Brinker that all those who are cautious are "false prophets and Cassandras" who should be embarrassed --- Bob Brinker said that with the S&P at 1420 and now it is at 1190? You think InvesTing is right or the guy you support Bob Brinker who is selling his rag to goobers and geezers is correct? I don't think it's easy to predict a recession. It's in measure of the past, and very difficult to predict. So I cannot answer whether or not a recession is likely. The final question in the set is a rhetorical and leading question, so I'll pass on it. But as a final thought, I've done very well by following Brinker's advice in the past. Sure, I lost some $$$ in the QQQ trade, but it was limited, and I got over it, and made gains elsewhere. Furthermore, I'm a long term investor. I'm looking 20 years out. I'm also adding $$$$ to my portfolio by means of a 401-K, so I'm $$$ cost averaging by the very design of the 401-K bi-weekly contribution system. So what is going on now is of little consequence in the extreme long term --- which is the only prediction I'm willing to make. I hope that helps!!!! And I hope your investments are doing well regardless of where you get your advice. Oh, and, Sorry for the late response in answering your questions!!!!!!!

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