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

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To: BFree who wrote (41999)1/8/2009 7:50:46 PM
From: octavian5 Recommendations  Read Replies (1) of 42834
 
BFree said:

<<So now it seems that even Kirk outperformed Bob Brinker in the worst year in the stock market since the great depression?

How is that possible? Kirk is not a marketimer.>>

--Geez, BFree, that's an easy one!

Kirk doesn't believe in market timing, as you said. Instead, he is an "asset-allocator," which means he buys cheap stocks near the low, waits for them to rise substantially in price, and then takes "massive profits" near the top.

When the stock drops back down near the lows, kirk snaps it up again, like candy. He patiently waits for it to get as high as it's going to get, then takes MORE "massive profits."

This brilliant strategy enabled kirk to lose only 35%, compared with the 39.2% Brinker lost after missing the bear and riding it down.

I'm sure that people are now knocking kirk's doors down trying to get in on this great system! -:)
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