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


To: mister topes who wrote (7143)7/25/1999 10:18:00 AM
From: Kirk ©  Respond to of 15132
 
And then they could not complain about every comment that is made.

so true, but life would be so boring. 8)
Hard to be ANY more specific than what is on record - 100% invested at an asset allocation that allows you to sleep well at night.

I think most appreciate Bob's efforts to educate the masses on valuation and why they should be comfortable with their asset allocations.

From reading the comments of the most feverish detractors, you'd think he needs to be perfect to get full approval.

From reading the comments of the most faithful, I wonder if they would be like chickens without heads if Bob ever was hit by a lightning bolt playing golf or just got fed up and quit? The answer is most likely, yes.

I prefer the comments from those that show respect, but still don't take everything on blind faith and have sufficient minds to seek a deeper understanding of the details for Bob's caution. I hope Bob continues to answer those questions on the air.

best regards
Kirk out



To: mister topes who wrote (7143)7/25/1999 11:31:00 AM
From: lifeisgood  Read Replies (3) | Respond to of 15132
 
He can go wrong very easily. He is recommended a l00% invested
position pending further developments in his long term timing
model. If the market collapses from here he will turn out to
be wrong.


I must disagree with this comment. As Herb stated in is first post on this topic, In fact, if Brinker used this strategy for the last 200 years he would have been correct 100% of the time.

Hypothetically, the market could tank 50%, and in 2 years recover and reach new highs. In this case, Bob could still claim he was correct and that staying fully invested was the right move (it would however be in conflict with his oft-stated intention never to ride out a bear market).

Herb's assertion that Bob hedges his predictions are right on the mark. Personally, I think it's an intelligent approach to keeping Market Timer subscribers.

In my opinion, comparing Bob to Laura Schlessinger or Rush is incredibly unfair to Bob inasmuch as he has a brain and uses it.