Truman, I tried to reply to your post a couple of times. The submit Gene ate my posts. -g- As many on SI would know, I have a cynical approach to things - including the commentary by Brinker. As much as I think highly of his integrity, I wish he is less critical about brokers (I personally do not like a cold-calling, cold-blooded moron, but I do think that there are several honest brokers who "earn" their buck - just as any one of us) and the bears. After all, Bob will never know when he has to eat his own words. I did not listen to his show over the weekend. But I understand that he took a shot at some "perinnial" bears. I for one happen to think we are in a bubble, which is not, obviously, what Bob thinks. If he is right about his latest "buy" recco, it will be just another feather in his cap. If he is not, he will have an egg on his face - that too a rotten one, which I think is very likely. As I said before, if Bob can give a sell signal within 10% of the ultimate market peak, I will accept his genius. Until then, the jury is still out. As they say about the analysts, in a bull market we don't need them and in a bear market we don't want them. The same applies to Bob Brinker, the seer !
As with people making a lot of money listening to his show, I am not sure I want to give him 100% credit to Bob. If any thing, a person as disciplined as sticking to a clear strategy, whether it is Bob's recco or some one else's, deserves at least 50% of the credit.
Good luck!
-MMV |
