SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Tim Bagwell who wrote (13074)3/15/2001 12:16:48 PM
From: sea_biscuit  Read Replies (3) | Respond to of 42835
 
In this melee, people seem to forget that Brinker called the top. Almost no one that I know of, did that. Of course, there were a few perma bears that called the top too, but they have been calling it since Dow 5000.

Notwithstanding the QQQ debacle, I think Brinker will be one of the few, if not the only one, who will pick the bottom too. He doesn't have to pick the precise bottom, for sure. Remember that for a couple of months after he picked the top, the market seemed to run away from him. And those were agonizing months for those who acted on his advice and pulled out of the market.

If the coming years witness a long secular bear market encompassing a few short-lived cyclical bull markets within it (like the 1966-1982 period), I think Brinker's advice will be even more valuable going forward. Those who follow his long-term advice are quite likely to do much better than those who merely buy and hold, or those who try to trade the ups and downs on their own.