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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Herbert W. Landon who wrote (7135)	7/25/1999 12:57:00 AM
From: Math Junkie	Read Replies (1) \| Respond to of 15132

If you think so little of Brinker, why did you waste eight years listening to him?

To: Herbert W. Landon who wrote (7135)	7/25/1999 3:56:00 AM
From: marc ultra	Respond to of 15132

Herbert, I find both the tone and apparent suggestions of your post to be obnoxious and wrong. If you have been listening to Bob for 8 years, a time during which on paper in his newsletter he has been correctly bullish and recommended a 100% invested position in the equity part of an asset allocated portfolio then remaining with that position has been a remarkable achievement, not some public relations ruse. Many gurus had a bullish position for much of that time and then turned bearish costing investors a fortune in missed profits and taxes before hundreds or thousands of points higher they eventually turned bullish again. Garzarelli is just one of many who fall into this class What better call can there be for a long term market timer than to have his followers fully participate in the greatest bull market in history giving them possibly the only chance in their lifetime to substantially build their wealth, a situation that less than a handful of market timers were able to accomplish. His calls of buying opportunities have been brilliant allowing myself and numerous others to take the opportunity to jump in with both feet at bargain prices and make a ton of money. As to the football game you mention my best memory is that early on he said Green Bay should win and then later on when the point spread closer to the game was available he made a clear comment that the point spread was unrealistic and he would have to take the Broncos with the points and that was his clear call before the game and was correct. I do however think regardless of whether he would have been right or wrong it is a stupid issue to raise as when I get Bob's advice I want it to help me decide my investment decisions and I doubt many of his followers subscribe or listen to Moneytalk so they rush out and place a sports bet with a bookie. You sound like you could possible be a bit unhappy since you may not have followed his advice that closely and underperformed as a result. If you are perhaps unhappy because his style is not one of a highly self deprecating wimp I would point out that 1)that strong opinioned confident style has likely been a big factor in many investors staying with his correct market calls instead of falling away from the continued parade of bears on TV as well as an endless group of unscrupulous sharks competing in various forums and 2)while a strong opinionated person might be annoying in certain social setting it is obviously important and the norm on radio. I haven't noted Rush and other political talk show hosts as well as Dr. Edell, Dr. Laura etc. etc. short on strong opinions Marc

To: Herbert W. Landon who wrote (7135)	7/25/1999 4:50:00 PM
From: Justa Werkenstiff	Read Replies (2) \| Respond to of 15132

Herbert: Re: " In the eight years I have listened to Brinker he has always taken one of two positions: 98% of the time he has taken the position that he is bullish, but cautious due to bearish indicators." I have read posts like yours for years on this thread and other threads and 98% of the time they are not well though out and are the result of someone making a gross oversimplification which attempts to paint Brinker like a con artist intentionally or unintentionally. Where is the beef assuming all this is true? Get this and make it stick in an operating brain cell. His goal is to be on the right side of the market and to be on the right side of the market takes work if one is a rational being. If you are not working to stay on the right side of the market, you are complacent and a chump in the making. One can still be bullish but have concerns and that is what you hear every so often. So if you have a problem with him being bullish all the time, then you must have a problem with Mr. Market for the past decade and not with Brinker. Take your complaint to Mr. Market. Re: "The remaining 2% of the time he is outright bullish; at these times he calls it a "gift horse" opportunity. He has reserved his outright bullishness only after the general market has corrected between 7% to 10%." Review your market history. Bull markets are frequented by such occurrences and if it is a bull market you are right to take advantage of such situations to your advantage. If it were a bear market and you had a dip, it would be a sucker rally and you would be wrong to buy on the dip. Re: "Since each time after the market has made gone lower, it has made new highs, Brinker has been correct 100% of the time." Hey, that is how a bull market operates. Take it up with Mr. Market. I for one don't mind being on the right side of the market and don't fault Brinker for it. Read the thread introduction. I am not sure this thread is for you. If you think Brinker is an easy read and a con-artist who always positions himself to be right, I don't know why you would waste your time on this thread and why you waste your time listening to him. Let's see ... eight years times forty weekends per year times times six hours per weekend equals 1,920 hours or 80 days of wasted time. If Brinker is a con artist who always positions himself to be right no matter what and you have wasted 80 days of your life listening to him, then you are not looking too smart here to be kind.

To: Herbert W. Landon who wrote (7135)	7/25/1999 8:39:00 PM
From: Investor2	Read Replies (1) \| Respond to of 15132

Some of your points may have some validity, but I think you are selling Bob's abilities short. For instance, you say, "After it goes down about 9% he puts out an outright buy and then waits for the market to go higher before he brags again." There have been a number of times over the past seven years where Bob has forcasted the 9% drop and called it a buying opportunity before the correction occurred. It's certainly not like he just waits for the 9% drop and then tells us to buy. As far as the football example, Bob enjoys "forecasting" sports events as much as the next guy. It's all in fun. Best wishes, I2