SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: geode00 who wrote (19620)10/20/2003 3:29:11 PM
From: Tim Bagwell  Respond to of 42834
 
Brinker's Marketimer is that it has a history of doing far more harm than good.

Especially deceiving was the period leading up to the bubble where Brinker had some pretty good calls. Of course as we've stated here many times, in a bull market of that magnitude a monkey pulling buy and sell levers can look like an investment genius. So adjust your context.

But if you used his performance in the later stages of the bull market as a gauge of ability you were getting set-up for a serious head thumping. You might have decided the guy was infallible during that bull run and then you would be nuts not to follow his frantic advice later in 2000. Especially when he was tripping all over his mic cord to tell everyone to buy those CTR's. I'm sure the marketing wheels were spinning upstairs as he figured out it could propel him to God-like status. But he was as wrong as anyone could be. Failing sainthood he tried on a new moniker - "QQQuitter". It turned out to be a good fit so he applied it to all aspects of his persona.

Listening to Brinker's show now is like listening to Al Franken try to convert himself from a failed comedian to a political commentator. There's no future in it.



To: geode00 who wrote (19620)10/20/2003 11:12:44 PM
From: DD™  Respond to of 42834
 
Excerpt...

"In conclusion, our prediction that the S&P 500 is going to plunge progressively from the summer 2003 to bottom in 2004 seems to remain basically intact, possibly with a few month delay extending almost to the end of 2003 if the shift to the second-order log-periodicity is confirmed."

ess.ucla.edu

DD