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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: KurtSS who wrote (11031)	12/7/2000 11:44:09 PM
From: Rillinois	Respond to of 42834

KurtSS, Re: The election issue has truly been an exogenous event Not necessarily. Bob had ample opportunity to either call all bets off because of the election or dismiss the election mess as noise. He decided to dismiss it as noise. Remember after the election Bob ridiculed foreign investors for dumping their shares because of their perception that we were in political chaos. He thought they were responsible for the weakness and he stated they didn't have a clue about the U.S. political system. Re: and don't forget Bob has commented many times that he knows of no way to accurately predict short term market direction. Then why do it? This is absurd. If he's right he's the man. If he's wrong it's because of some unforeseen event. Isn't this the problem with timing the market? How can it not be his fault when it goes down, but it's completely his skill when it works out. If it's not his fault when it goes down, then he's lucky when it goes up. Best Regards. Rillinois

To: KurtSS who wrote (11031)	12/8/2000 11:23:22 AM
From: Rillinois	Read Replies (1) \| Respond to of 42834

KurtSS, Re: The election issue has truly been an exogenous event, You can't have it both ways. How can Bob take credit for the drop in the market after the election when citing his sell signal, but categorize the drop as an exogenous event when talking about the QQQ trade? If he is going to cry about the election mess, then I guess we should recall that before the election the S&P 500 was nearly unchanged for the year. Indeed, the spin machine is going to have to be in full force in order to explain this one. Best Regards. Rillinois