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: gronieel who wrote (42381)	1/26/2009 12:50:10 PM
From: Kirk ©	of 42834

Speaking of amateurs, being fully invested at the top before a 50% plus bear market takes the cake for foolishness and amateurism! In this May 31, 2008 "Cassandra Rant" when the S&P500 was last at 1400, Bob Brinker told his radio audience: From tinyurl.com “What we have right in here now is evidence that the Cassandras, who earlier this year, were telling us we were in recession – right now they’ve basically – well I’ll be kind, basically, they look like fools right now. ….So what we have here basically, is an example of false prophets and it’s sad. And the reason it’s sad is the damage done. Think of the people that are looking today at the market, S&P at 1400 and they’ve been scared out of the market in the first quarter by these bears……… It’s just amazing and yet these people are out there, and these people are not happy, I’m sure, to find themselves out of a rising market since March. To find themselves looking for ever lower prices when in fact we’ve had the opposite."..

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