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To: Tony Viola who wrote (90513)10/18/1999 1:01:00 AM
From: Elmer  Read Replies (1) | Respond to of 186894
 
Re: "Last year he lost a ton of credibility. "

Not with me. I remember him calling the bottom virtually "to the day". On the Sunday before the takeoff, he noted the lows had been retested on 3 occassions and found support, each time on lower volume. He then called for a major upturn and said "you can't afford to be out of this market even for a single day". The upturn began on the next trading day.

EP



To: Tony Viola who wrote (90513)10/18/1999 12:09:00 PM
From: IVAN1  Respond to of 186894
 
Gurus: How about Michael Murphy?

I have found Murphy's record on Intel very, very solid. In my opinion he is very underrated. On this board he is seldom mentioned. Other opinions???
Best, Ivan1



To: Tony Viola who wrote (90513)10/18/1999 1:37:00 PM
From: Brian Malloy  Read Replies (1) | Respond to of 186894
 
Only people who don't understand Brinker say this.

Brinker only gives a "sell signal" if his models call for a Bear Market downturn. The % losses last year were not high enough to trigger a sell signal.

What he did do with perfect accuracy was call the Market low in the fall of 98 and tell his listners to get in. He told the Dollar cost averagers to stop and put in the funds then.

Since that time the markets even with all the gyrations have gone from the 7,500 level or so to around 10,000 on the DOW.

Like I said, I listen to Bob, I don't agree with everything his says, I have a different investment style than he does but Bob Brinker's calls have been preticent.

The fact that he may or may not have called dual plunges is irrelevant as the plunges did not meet his stated model threshold for a bear market sell signal. If I buy a Porsche and someone says I got ripped off because I can not go 4 Wheeling in the Mohave then my response is: Yea, and? I didn't buy it to do that.

IMHO