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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Honey_Bee who wrote (42133)1/14/2009 10:20:31 AM
From: joefromspringfield1 Recommendation  Read Replies (1) of 42834
 
Honey said to Math:

"As you said, we know for certain that he cannot time the market consistently. He can make some good guesses, but his bad guesses are almost equal in number. As you know as a mathematician, that's simply like a coin flip."

I think it is significant to note that Brinker has never successfully gotten 100% out of the market before any of the bear markets since the inception of his newsletter in 1988. He did get out 100% early on but no bear market materialized. He made a good call in 2000 when he went 65% out of the market. This year he missed the bear market completely being bullish most of the year predicting new highs in 2009.
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