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


To: dijaexyahoo who wrote (28255)1/28/2007 8:34:59 PM
From: Kirk ©  Read Replies (4) | Respond to of 42834
 
I took you off ignore long enough to see nothing has changed except your LIES have grown larger, probably since I'm not reading them to point them out to others.

Well, not this time.

--That's interesting, because as I remember it, kirk got most of the rallies and declines in 2001 and 2001 WRONG.

When the market would rally, and Bob would remain bearish, kirk (and others) would gleefully post that he had "missed the bottom."


That is just plan BS Plus a lie.

I use asset allocation so BY DEFINITION I can't get rallies wrong... when the tech stocks took huge dives, asset allocation says buy. When they made huge Counter trend rallies, those were the things Brinker sold newsletter suckers on the idea he'd time them, another lie.... when the markets rallied, such as LRCX, I'd take profits.

What we said about Brinker is we were making fun of how he turned COWARD and GAVE UP trying to call the counter trend rallies AFTER HE said in his newsletter advertising that the way to make money in a bear market was to play the counter trend rallies. We pointed out the bottoms each and every time and people like you would cringe because we were right... He spent nearly a year hunting for a rally... gave up... then we had some great ones. It was funny...

The funny thing is now you try to rewrite history.

Go find any post of mine where I said Brinker missed THE BOTTOM. You won't find it except for the post I made the day before he sent his March 2003 bulletin saying to get back in the market. I posted he was PROBABLY getting a second chance on THE BOTTOM made in 2002... and that took the luck of war or he'd have missed it too. The funny thing is by the time he got on the radio, he was telling subscribers and listeners to wait for a correction to start a gradual DCA program... I have the quotes...The model was worthless to tell him the market was going to rally from 810 to 1400.... otherwise he'd skip that DCA crap and simply lump sum in.

April 5, 2003: "In our view, the first cyclical bear market has established the vicinity of a major bottom, and that bottom are is essentially within the 789 to 810 range for the Standard and Poor's 500 Index. We regard the market as attractive for purchase anytime prices are trading within or below that price range."
and
"Due to the significant stock market rebound that began a few days after our March 11 buy signal, we recommend that subscribers who did not take advantage of the price weakness at that time take a disciplined approach to new purchases. For example, a gradual dollar-cost-average strategy allows for investment into the market during periods of stock market weakness..."
(S&P500 = 858.47 & DJIA = 8069.86)

and

May 6, 2003: "in order to maximize upside potential, we recommend against chasing rallies in order to invest new money. In the event another test of the area of the bear market lows occurs below the 810 price level for the Standard and Poor's 500 index, we would regard such weakness as an additional buying opportunity. Alternatively, a gradual dollar-cost-averaging approach during periods of stockmarket weakness allows for investment into the market, keeping in mind the market may well remain volatile in the months ahead." (S&P500 = 916.92 & DJIA = 8480.09)


He also missed a 25% decline in this post 9/11 note:

October 8, 2001: "We do not anticipate a long-term negative effect on the investment markets as a direct result of the tragic events of September 11. ... the Wilshire 2000 index of al US stocks was already down 30% from its March, 2000 record high on September 10 prior to the terrorist attacks.... We also recommend subscribers with a position in the NASDAQ100 (QQQ) shares hold for recovery within our earlier percentage guidelines."
(S&P500 = 1051.33 & DJIA = 8950.59, QQQ=28.82)


It would be pathetic if not so funny..... A year after that the market was down another 25% and the QQQs were at 19!

I should probably thank you for lying about me... I think that post 9/11 quote from Brinker proves how "useful" his model is....