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

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To: joefromspringfield who wrote (39393)10/8/2008 3:43:32 PM
From: queenleah3 Recommendations  Read Replies (3) of 42834
 
Joe, it's all a matter of semantics. The bear is due to the subprime meltdown. Brinker didn't see that coming and neither did anyone else. That doesn't make it ok for him or any other market analyst, but I don't know anyone who did. Yes, he was wrong when he said he didn't see a bear coming, I sure wish he or someone would have. But all that would have done is panic investors and there would have been a worse run on the banks than there was, and what good would that have done the economy? That's why your buy-and-holders keep saying "hang on, this too shall pass". The only thing different about Brinker being a market timer is that you expect him to have a crystal ball, you dislike it when he shoots off his mouth about others, and you seem to enjoy lamenting about the $185 a year as if that was any kind of a significant factor for most subscribers, given the state of the market.
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