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

To: Rillinois who wrote (12631)	3/1/2001 7:31:42 PM
From: geode00	Respond to of 42834

Besides, Bob recommended this trade in his newsletter to aggressive and conservative investors, and the last time I checked Marketimer's target market is not sophisticated traders. Bingo! His conservative investors are frequently retired. He's been recommending this month after month after month. I think he's has to be considering a stop loss at some point simply because the fundamentals keep deteriorating and his market internals must have been dead and buried sometime in November.

To: Rillinois who wrote (12631)	3/2/2001 12:29:34 AM
From: Tim Bagwell	Read Replies (2) \| Respond to of 42834

If you are good trader, why do you need Bob Brinker to tell you when to buy QQQ's???? I suspect there are many traders that follow Bob and do well. Not that I'm claiming to be one of them, mind you. But I do think that Bob's overall market view is valuable in establishing what the major market trend is. And every trader must know what kind of market he's dealing in, bear or bull. Exogenous events occur all the time. It's these unexpected events and how people react to them that make markets move up and down. Well, exogenous events aren't that frequent and they usually have a short term effect. There is no way to plan for them. You can only react to them as they occur or just simply wait it out. Why didn't Bob recognize the exogenous events and cut his losses? Ego. And because he didn't cut his losses, now he has bigger losses and less credibility. It's a good question and I wish I had a glimmer of what Bob is thinking. But I can only guess that he refuses to issue a sell order on weakness. It's a trading philosophy that is right more times than not, IMHO.