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

To: Beobe who wrote (22095)	11/6/2005 11:54:53 AM
From: Kirk ©	Read Replies (1) \| Respond to of 42834

"At the end of the first hour yesterday BB used the MOABO word to describe his buy call in March of 2003. I guess he wanted to wait a while to see how things would turn out." LOL, especially since QQQQ, his largest equity holding on a cost basis (33% recommended to readers for P1 for many months in 2000 and 2001) going into the bottom of the bear market, was already up 20% by March 2003. This chart shows "MOABO" was in 2002. marketwatch.com And this chart says the "secular bear" is over since we have a new high exceeding the old high by more than 5%. stockcharts.com[l,a]dacayyay[d19930601,20061231][df][pa5500!a6100!f][vc60][iUb21!Lc20]&pref=G His getting back to fully invested in 2003 was good timing, for sure, but he was telling people on the radio only a week later to wait for tests of the 800 level or DCA into the market because he felt it was a secular bear and it could go lower long term. Changing his tune with the market 50% higher will upset many who lost faith in his "Counter trend rallies" and have waited in cash for a lower low...