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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 (17468)2/20/2003 11:32:46 AM
From: Kirk ©  Read Replies (1) | Respond to of 42834
 
what about 1986, 1987, 1988, 1989 and 1990? he took one or more swings in each of those years. Going to 100% cash near the bottom in 1988 should count. Add that to his QQQ advice.... not bad compared to many but not as advertised and certainly less cost effective than buy and hold into a properly allocated portfolio.



To: Math Junkie who wrote (17468)2/20/2003 4:43:14 PM
From: sat2000  Read Replies (1) | Respond to of 42834
 
Richard is it cherry picking season already? <g>

A home run now and then won’t get anyone in the Hall of Fame. Getting to Cooperstown requires a solid record for an entire career. Now in “your book” the fences must be at little league depth. According to Hulbert bob’s mutual fund model portfolios did under perform the Wilshire 5000 for the greatest bull market ever.

Did bob hit it out of the park when in 1988 he panicked out after the DOW was 9.5% above the bottom? Did bob hit it over the fence when over a year later and the DOW up 16.2% from when he panicked out then raises his equity to 50%. Finally after tinkering with his allocation he did become fully invested in Jan. 1991. Each time he increased equities the DOW was higher than when he panicked out in 1988.He was at 85% equities before Saddam invaded Kuwait and stayed there as the DOW went from 3016 to2398 in October. Was that a homer too in the Palm league?

Surely you can’t think the QQQ act immediately fiasco offsets a 65% out of the market call? Richard look at the whole picture. Look at all the blown saves I mentioned in my previous post # 17457. Anyway you want to slice it team brinker is in the cellar. Just because a guy does have a hot streak and hits one out of the park once in a blue moon doesn’t mean a trip to Cooperstown. Richard, bob is going to need a whole lot of hits to get that average up to anything close to .500

Steve Thompson