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


To: geode00 who wrote (19366)9/19/2003 8:52:40 PM
From: Math Junkie  Read Replies (1) | Respond to of 42834
 
"Nonsense, there's no rewriting of anything here unless it's Brinker and his minions."

There is no doubt that Brinker rewrites history, but the fact is that he went on record in October 2000 that his model was bearish. It's in the newsletter.

"We have recommended the majority of stock market monies should be held in the form of money market cash reserves since January when the Marketimer stock market timing model turned bearish."

"What other explanation do you have?"

Since he went on record that his model had been bearish since January, the only possible explanation is that he didn't have enough confidence to say so at the time, choosing instead to use terms like "unfavorable," and "tactical asset allocation." That way he left himself wiggle room in case he was wrong.

One could make an argument for not crediting him with being bearish from January 2000 through September 2000, but there is no escaping the fact that he was in print as being bearish on October 9, 2000.

Apparently he couldn't stand the strain of making an unambiguous statement though, because it was less than two weeks later that he came out with his infamous first bulletin, thus returning to his practice of straddling the fence.