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


To: Kirk © who wrote (28229)1/27/2007 8:01:59 PM
From: dijaexyahoo  Respond to of 42834
 
kirk said:

<<Granted, some like dija admit they did very poorly on their own before Brinker so Brinker or an advisor selling a loaded S&P500 index found would have both been a great improvement.>>

--Wrong. I did not do "very poorly" before brinker. I simply didn't do much of anything. I had some money in a fixed annuity, and some in CDs, but I was spending most of my paycheck.

I "woke up in 1991 or 1992 and realized I would have to do better if I wanted to retire at a reasonable age. I started studying the stock market, but there were so many bears who seemed to me to know what they were talking about, that I was hesitant to pile into the market.

But Brinker eventually convinced me to take the plunge. That was by far the best and most important thing he ever did for me. He was actually one of a distinct minority who correctly understood that the market was NOT "fully valued" in 1992, and I will always be grateful to him for his help.

That is why, despite his many faults, I could never become a basher.




To: Kirk © who wrote (28229)1/28/2007 10:17:46 AM
From: shres  Read Replies (2) | Respond to of 42834
 
Speaking of ambiguous newsletters, Kirk eschews market timing...hates it, calls it snake oil but he says a tiny bit is OK I guess....

"My newsletter expolore portfolio, that uses no market timing except for a TINY percent..."

BUT, Kirk says he made a ton of money buying the dips and selling the rallies. Kirk says that's not market timing but asset allocation...got that? He allocates between cash and stocks. Other folks call it buying and selling.

In fact Wade Cook calls it the rolling stock method.

Kirk always makes ton of money on a TINY investment...

"I made quite a bit of money on counter trend rallies and actually showed a gain for 2001 in my newsletter by taking profits in the rallies and buying the declines."

Kirk has also chosen to use the QQQQs as a "benchmark" because he thinks it's easier to beat.

In fact he says...."I think QQQ was designed to short..."