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

To: Math Junkie who wrote (16562)	8/21/2002 3:09:54 AM
From: Tim Bagwell	Read Replies (1) \| Respond to of 42834

Hi Richard, I appreciate your defense of Bob. But it's an undeniable fact that he has used the collective "we" in the latest of his acrimonious apologies. And while we're on that subject, I don't like his tone when he is called to task usually by people who are not trying to be critical but simply are trying to understand what to do. To my thinking, if he uses the word "we" on the air then it's the same as if it were printed in the newsletter and I must take it literally to mean "we". Now, I don't want to make too fine a point of this and if it weren't part of a pattern then I would let it drop. But there are psychologists that will tell you that changing from "I" to "we" is indicative of an effort to deflect the truth or embarrassment. It's no great leap of logic since we have all been guilty of this at some point. I wish Bob would openly discuss this and I think he owes it to those he led underwater in this trade to explain what his strategy is or ensure us that he even has a strategy. To date, all I've heard and read is static and it is very troubling. Frankly, it's even unacceptable when taken in totality with his other recommendations because it makes him appear amateurish. This is going to be a dark cloud over his shoulder until he deals with it head on.

To: Math Junkie who wrote (16562)	8/21/2002 2:21:53 PM
From: Kirk ©	Read Replies (2) \| Respond to of 42834

Tim, on the radio he has said "I was wrong." You don't say "I" in a newsletter - it's just not done. Brinker did not invent the "editorial we." That contains more bologna than a NY deli... Excerpt: 2002: Another down year Kenneth L. Fisher, 02.04.02, 12:00 AM ET forbes.com Expect the S&P 500 to lose another 5% this year. One more plunge is coming, followed by a last-half recovery not strong enough to erase the losses. Okay, I changed my mind. In my last column (Jan. 7) I said that the market would be up in 2002. It won't be. Get over it. Expect the S&P 500 to lose another 5% this year, plunging until spring followed by a strong rally in the year's final seven months that won't quite make up for the downdraft. The bottom might be around May 1, at about 900. I use a forecasting methodology that I developed some time ago (see my column of Apr. 3, 2000) based on the predictions by market professionals for the coming year--and the fact that they're always wrong, since their expectations are already priced into the market. I get my number by choosing among the holes between the clusters of their forecasts. This approach is both empirically and theoretically novel, and it's nifty. Richard, I'd have to guess that the editors at Forbes know a boat load more about writing the you and Briker combined. Ken Fisher is refreshing to anyone that has a diet soley of Brinker. Ken often says "I was wrong" or "I changed my mind"... and he keeps right on predicting the market and telling us what HE THINKS we should do to take advantage of his beliefs.