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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 (16836)10/7/2002 8:56:32 PM
From: Tim Bagwell  Respond to of 42834
 
>>>By holding on through whatever trough might still be left, he left open the possibility of at least mitigating the losses for the record.<<<

That is exactly why I'm convinced Bob was completely confused about the bear market. He placed a huge bet on a surprise rally in a downtrend with no judgement of risk and no plan to exit if wrong.

How many people have been taken to the woodshed by the great bear because they made just one bad mistake and then tried, in vain, to cover it up. It seems like greed and ego overpower even the best of men.



To: Math Junkie who wrote (16836)10/7/2002 8:59:30 PM
From: geode00  Read Replies (1) | Respond to of 42834
 
Actually, according to Bob, the test is whether or not market timing works. That is, whether or not you can get into and out of the market by predicting correctly when the marketing is both topping and bottoming out.

If he wasn't a self proclaimed market timer who brags that he can call these things, your test idea would work.


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