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


To: Tim Bagwell who wrote (16796)10/3/2002 1:44:19 PM
From: Math Junkie  Read Replies (1) | Respond to of 42834
 
January 2000 is not within the last 30 months. More to the point, I would argue that staying 35% invested was only wrong if you believe that market timing is infallible.

Sounds like you've been drinking the "Bob is always wrong" Koolade.



To: Tim Bagwell who wrote (16796)10/3/2002 2:20:32 PM
From: geode00  Read Replies (1) | Respond to of 42834
 
Hey, it's the return of Richard The Argumentative. Where've you been guy I missed ya <g>.

I think that Bob thought that the market would have a short term bear (or maybe just a correction) and the internet would change the face of the world and a new bull would resume. Why else would he hedge his 60 and then 65% cash with 35% cash plus techie equities like Microsoft, Vodafone, TEFQX and the QQQs?

IMO, this market timer's crystal ball broke somewhere around mid to late 2000 and he has been completely confused ever since. His crystal ball absolutely did not predict the magnitude, length or breadth of this decline or the massive reduction in interest rates to 40 year lows.