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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (3280)	12/23/2006 1:43:33 PM
From: Elmer Phud	Read Replies (1) \| Respond to of 10065

Kirk My contention is this buy the dips crap with new money is a parlor trick that allows him to have "contra advice" off the books so if the market goes down, people who are easily fooled give him credit for a brilliant non call. That's your contention but I don't think anyone's buying it. When the market is above his buy point he advises a dollar cost average approach for new money. If the market dips below that level you fully invest your new money. Not very complicated. My example showed how a new subscriber or someone who inherited money would have missed an 11% gain simply by "following Bob's advice for new money" according to Pete and your interpretation. Yes you did, with the benefit of hindsight. That's your parlor trick. Shouldn't a top rated market timer be able to tell you ahead of time to lump sum into the market before it gains 11%? I don't know anyone who has a crystal ball, including you. That's what you're complaining about. He didn't perfectly predict the course of events as well as you can when looking backwards. What a crock.