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


To: Chris J. Horne who wrote (12999)3/13/2001 11:18:55 PM
From: Tim Bagwell  Respond to of 42834
 
Hi Chris,

What market events are you referring to, aside from the Jan 11 call and the QQQ call?

I don't know how long you've listened to Bob but he's had some calls that were incredible going back many years.

He's called several buying points in the bull market when prices would dip down to correction levels. A rare few were "gift horse" buying ops but many were just good times to dump lump sums in. He's even nailed the target prices within a few percentage points on several occasions. His model kept him fully invested for the killer bull market of the 90's (which will probably never happen again in our lifetimes). Even through times when valuations were extreme and many people didn't have the stomach for it.

Bob nailed at least one inflection point that I remember where he got subscribers and listeners in on the SPY just before the inflection point. Those were exciting calls. In fact, Bob was telling people about SPY long before QQQ was around and it proved to be a powerful tool to use in investing.

He's also recommended good sell points in a couple of Mutual Funds that were written about here recently. One of these was the sale of an Asian fund that kept subscribers out of that region during the Asian crisis. Of course, he's also been right on in steering people away from Japan.

And not the least of which, have been Bob's steadfast confidence in his view of the market. Many times during the raging bull when corrections came around, Bob would allay the fears of nervous callers. It was always helpful to have a view that you could count on being the same, not a "flip flop quiver at every drop" like others.

So the way Bob handled the CTR is not unusual for him. He knew what he believed to be the signals the market was putting out and he stood by it. Too far as it turned out but it happens to even the best. The market just sent out false signals and then, as is typical these days, the outcome that Bob predicted came in an accelerated fashion.