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

To: Skeeter Bug who wrote (15472)	12/18/2001 1:28:24 PM
From: Math Junkie	Read Replies (2) \| Respond to of 42834

I have a hard time seeing the justification for criticizing Bob's recommendation to leave 40% (and later 35%) in the market. Considering the difficulties inherent in market timing, it seems like a prudent thing to have done. I have a note stuck to the edge of my computer monitor that says, "Don't put everything behind any one theory of what the market will do." The times when I have disregarded that warning, I have usually ended up regretting it.

To: Skeeter Bug who wrote (15472)	12/18/2001 1:36:12 PM
From: geode00	Read Replies (1) \| Respond to of 42834

..do you think bob stages callers to bring up the january call w/o mentioning he left 40% in? and then lost a lot with the qqq call? I don't know if he actually has people calling in with specific questions designed to make Bob look good. However, I do know that he screens his calls and, in the past, QQQ or CTR calls wouldn't get through. You'd get hung up on by the screener. I find it astonishing that he leaves the impression that he went 100% out of the market. I find it even more astonishing that he said for months (maybe years) before January 2000 that he would sidestep a bear if he saw it coming. He used to talk endlessly about the foolishness of staying in the market if he saw the bear. I figure he: Didn't see the bear except in hindsight Didn't believe his own bear sightings (lack of faith in self) Lied about side stepping a bear I don't see any other way to explain why his words and actions don't match up. I think this is one of the reasons Bob is such a lightning rod. He says things and does something completely different. He's very inconsistent and occasionally just goes off the deep end a la the stopless, endless QQQs.