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


To: sat2000 who wrote (17477)2/22/2003 12:29:15 PM
From: Math Junkie  Read Replies (1) | Respond to of 42834
 
If you think I set the standards for anything, you need to spend more time on Suite 101.

I would not count a 20% allocation change as major. I included the QQQ call because it allowed as high as 50% of cash reserves.

However I note that you only seem to accept my standards when it suits you.

Your exclusion of the August 1982 call is arbitrary.

You cited three cases where Bob increased equity exposure in 1989 and 1990, and called that wrong. I disagree. Putting more money into equities during that period was right, not wrong. The length and strength of the advance from October 1987 to early 2000 was so great that any short term weakness was immaterial. The only example I agree with you on is where he reduced equities. I agree with you on that one being wrong.

Sorry to rain on your parade, but the whole argument demonstrates the uselessness of the baseball analogy. The decisions on what to count as a swing and what to count as a miss are too subjective.