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

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To: Web$urf who wrote (42647)2/19/2009 11:49:09 PM
From: paulnewmanhero   of 42834
 
Brinker strikes me as the kind of guy that likes it when other people fail. Over the years, he has gleefully talked about various financial people that made bad recommendations and skewered them. But when he is ever confronted about being wrong, look out! But you are right. When the model failed in 1987, it wasn't his model's fault remember? That wasn't a bear or something like that. But still he "fixed" the model.

You have to admit, he suckered in a lot of people into thinking that he had a model that would get him out of bear markets. When it doesn't work, he simply says his model couldn't predict it. (And he will call those things exogenous events or b.swans). When he gets something right, he says the model could have predicted it and did. Or for something like the QQQQ he will say that isn't his long term model it is his short term model which failed. (I think he blamed the QQQQ on the uncertainty over the presidential election first. When he re-recommended it in 2001 he made it seem as if he had never recommended it before. But people caught onto that.

The more I read and learn about him, the more my eyes are opened to some remarkable truths about him.
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