paulnewmanhero said:
<<It seems that whenever someone starts to point out Bob Brinker's bad recommendations and his lack of character in the way he handles those bad recommendations, that many posters get bent out of shape and start to discuss other posters or newsletter writers.>>
--I'm perfectly happy to discuss Brinker's record, because I don't have an agenda. That is why I'm one of the few posters on any Brinker board who will answer any legitimate question.
Now, do you want to discuss Bob's failure to predict this bear market?
That failure was very unfortunate, and was very disappointing to his subscribers, who were hoping he could help them avoid this kind of financial loss.
However, IMO, the question any OBJECTIVE person has to ask is,
can Bob be legitimately criticized for missing this bear?
The FACTS are these: According to Hulbert, NINE OUT OF NINE of the very best Market Timers were bullish in Oct. 2007--the start of the current bear!
Joefromspringfield showed us that ONE of those nine turned bearish in Jan. 2008, but a little research showed that he went bearish because of his own TA analysis, and NOT because of any deep understanding of the underlying causes of the bear (subprime, leverage, housing-price collapse, etc.).
In addition, David Korn issued a buy signal in his newsletter in Jan. 2008.
Obviously, NONE of these highly-regarded people had a deep understanding of the forces that were going to cause a huge market collapse!!! NONE OF THEM saw it coming, at least not for the right reasons!!!!!
So, while Brinker did miss the bear,he was certainly not alone. To single him out or call him "clueless" for missing it is obviously wrong, and either mean-spirited or ignorant.
Now let's see if you REALLY want to discuss Brinker, or if you just want to bash him. |
