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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From: paulnewmanhero	5/15/2009 10:41:56 PM
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Bob Brinker finally talked about the stock market last weekend. He waited until the market had risen to its peak this year to point out that he was forecasting significant gains for 2009. This is what I mean by his lack of character. When he made that original forecast in January, the stock market went on a decline and another bear market that his model missed. During that decline, he didn't proudly declare how bullish he was. Actually right around the lows he sort of gave up and said the market would have to find a bottom with a retest. That never happened. So last weekend, did he come out and say "I have been bullish since 2003. I was very bullish in 2007. Bullish in 2008. Issued many buy signals throughout and was wrong each time? No. Last weekend did he come out and say, "You know I missed another bear market this year even though I was very bullish in January. No. Did he point out that he missed identifying another bottom this year after telling his subscribers that the bottom was not in? No. Only after the fact, does Brinker come out and brag on things. He choose last weekend to be very open on his market views because finally, after 5 months it looked like he was "right" for the first time in 2 years (if you can call it being right). This will be something he will brag on and boast about if the market is up this year, never talking about how his model missed every bull and bear in the last few years. But with the market down this week, don't expect any stock market bold predictions this weekend. That's not in Brinker's nature.

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