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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 (19608)	10/17/2003 4:03:12 PM
From: stockalot	Respond to of 42834

Tim, Brinker uses as "evidence" that the right thing to do in a flat market is to time, the fact that in past flat markets (secular bear if you will) that the market had periods of up and down movement. He has no evidence that he or anyone else successfully exploited such up and down movements by jumping in and out of the stock market at the opportune time. Such a skill is likely not something one would share with the world for 185 bucks. LOL The fact that the market does go up and down doesn't prove that you can call those events with the precision necessary to make money. If you blow one event, like the QQQ fiasco, or like his 87-91 screwups, you significantly underperform. Many people get a call or two right and through hype attract a following and then fail miserably. Brinker has made very very few calls, and tries in most cases to be as fuzzy as possible when he does in order to spin or flip flop. Brinker is great at taking historical stuff, much from the stock trader's almanac and acting like he can predict it. If you look at the price of orange juice or cattle futures historically, you can see "patterns" and imagine yourself having predicted those patterns and having cleaned up. Like imaginging that you would have picked the 100million $ lotto numbers right after they were announced, it is much easier to claim you would have done something, than to do it. Therein lies the rub and the reason Brinker's marketiming is made to sell, not to employ. If Brinker could do what he says, can you imagine how much George Soros would pay him? How much he could make on his own? Would he really be selling reruns of a radio show, or book lists or golf balls on a website?