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: stock bull who wrote (7535)	9/1/1998 3:36:00 PM
From: Bill Shepherd	Read Replies (1) of 42834

< I would assume that his timing model would make him call a bear market. After all, what the purpose of the model?> I look forward to Bob's explanation as to why his model missed this downdraft. Granted, the explanation could have something to do with the unpredictability of investor psychology and/or the unforseeable impacts from foreign events, but nevertheless, I think we are owed an explanation. Bob has bashed the bears for a long time, and he clearly missed this one. Moreover, by virtue of selling his model (via his newsletter and his radio show) he is suggesting that it is credible. Perhaps in his efforts to catch yet another "buy on the dip" opportunity, his heretofor uncanny ability to predict such dips was clouded by these events. The many investors (myself included) who jumped in with all available cash at DOW 8600 are certainly now staring at a sizable unrealized loss. While this loss may be short lived if the market recovers quickly, it is still annoying to watch it unfold. I would like to hear Bob explain how this caught him by surprise! Regards...Bill S

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