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


To: horsegirl48 who wrote (15438)12/9/2001 3:16:19 PM
From: geode00  Read Replies (1) | Respond to of 42834
 
Unfortunately, it looks as if he's setting up to do it again for 10-20 years.

He's apparently going to call Cyclical Bull markets of 6+ months in length as longterm trades. Now, what's really funny about this whole thing is that he says that it's an incredibly difficult task. However, holy s***, he's going to attempt it anyway.

Anyone want to strap yourself to Bob as a guide and climb another big mountain? Just remember that if bad weather hits or there's an avalanche, Bob will helicopter out leaving you stranded on the side indefinitely.

Apparently no one can see any difference between a CTR and a CB except for length. Since the CTR was originally 2-4 months but was extended to 6 or thereabouts it can be as long as a CB.

They're both counter trend (whatever happened to the trend is your friend?) so if he's wrong the trend won't help you get back losses. In fact, the trend will exacerbate a bad call.

It boggles my mind that he hasn't explained what went wrong with the original CTR. Not just the direction which he explains away by blaming the election mess (silly excuse since he kept the CTR going months past the election) but his complete lack of basic trading skills.

Is this honestly an ethical way to make a few bucks by selling subscribers this type of highly risky proposition considering the track record?