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

To: sea_biscuit who wrote (12410)	2/27/2001 11:00:25 AM
From: Rillinois	Read Replies (2) \| Respond to of 42834

Dipy, Re: It is indeed sad that a man who called the top of the market so well has gotten entangled in attempting to profit from a bear market CTR. The only remedy is to admit the truth and move on. Otherwise, I fear that the more important call (MOABO) might get screwed up, and if that happens, it will be a total disaster. Very true. If you recall, Bob has stated the benefits of sidestepping a bear market. An obvious one is having dry powder for MOABA, but another one was a psychological edge. It is easier to identify a market bottom when you are not being emotionally effected by the devastation of the bear. When fear or capitulation finally hit, you want to have a clear head. Right now, I wonder how much this QQQ trade is effecting Bob's ability to objectively analyze the market. If MOABO is hit while Bob is still in this trade, will he be able to see it? Or will he be so emotionally distraught from the losses that he will miss it, if not give up on the trade at the BOTTOM? I think you can already see how this trade has consumed Bob's time and efforts for the last few months. "Marketimer" has become NasdaqTimer. And given NasdaqTimer's track record, Bob's emotional state has to be the pits. Best Regards. Rillinois